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Constellation Brands Inc (NYSE:STZ)
Days Payable
43.26 (As of Aug. 2014)

Constellation Brands Inc's payable for the three months ended in Aug. 2014 was $442 Mil. Constellation Brands Inc's cost of goods sold for the three months ended in Aug. 2014 was $932 Mil. Hence, Constellation Brands Inc's days payable for the three months ended in Aug. 2014 was 43.26.

Constellation Brands Inc's days payable increased from Aug. 2013 (35.27) to Aug. 2014 (43.26). It may suggest that Constellation Brands Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Constellation Brands Inc's Days Payable for the fiscal year that ended in Feb. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=295.2/2876*365
=37.46

Constellation Brands Inc's Days Payable for the quarter that ended in Aug. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=441.9/932.1*365 / 4
=43.26

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Constellation Brands Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
DaysPayable 42.7634.8237.1851.1943.4644.1922.0229.9245.2037.46

Constellation Brands Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 27.8440.9760.1043.9332.8035.2750.6236.2936.8643.26
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