Switch to:
Constellation Brands Inc (NYSE:STZ)
Days Payable
46.24 (As of Feb. 2016)

Constellation Brands Inc's payable for the three months ended in Feb. 2016 was $429 Mil. Constellation Brands Inc's cost of goods sold for the three months ended in Feb. 2016 was $847 Mil. Hence, Constellation Brands Inc's days payable for the three months ended in Feb. 2016 was 46.24.

STZ' s Days Payable Range Over the Past 10 Years
Min: 22.02   Max: 51.19
Current: 43.45

22.02
51.19

During the past 13 years, Constellation Brands Inc's highest Days Payable was 51.19. The lowest was 22.02. And the median was 40.46.

STZ's Days Payable is ranked lower than
73% of the 149 Companies
in the Global Beverages - Wineries & Distilleries industry.

( Industry Median: 67.36 vs. STZ: 43.45 )

Constellation Brands Inc's days payable increased from Feb. 2015 (34.38) to Feb. 2016 (46.24). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=429.3/3606.1*365
=43.45

Constellation Brands Inc's Days Payable for the quarter that ended in Feb. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=429.3/847.1*365 / 4
=46.24

* 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

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysPayable 37.1851.1943.4644.1922.0229.9245.2037.4630.2443.45

Constellation Brands Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
DaysPayable 50.6236.2936.8643.2645.0734.3829.5035.5642.3546.24
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK