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Constellation Brands Inc (NYSE:STZ)
Days Payable
51.45 (As of May. 2016)

Constellation Brands Inc's payable for the three months ended in May. 2016 was $559 Mil. Constellation Brands Inc's cost of goods sold for the three months ended in May. 2016 was $991 Mil. Hence, Constellation Brands Inc's days payable for the three months ended in May. 2016 was 51.45.

STZ' s Days Payable Range Over the Past 10 Years
Min: 22.02   Max: 55.06
Current: 55.06

22.02
55.06

During the past 13 years, Constellation Brands Inc's highest Days Payable was 55.06. The lowest was 22.02. And the median was 40.46.

STZ's Days Payable is ranked lower than
56% of the 147 Companies
in the Global Beverages - Wineries & Distilleries industry.

( Industry Median: 64.86 vs. STZ: 55.06 )

Constellation Brands Inc's days payable increased from May. 2015 (29.50) to May. 2016 (51.45). 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 May. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=558.5/990.5*365 / 4
=51.45

* 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

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysPayable 36.2936.8643.2645.0734.3829.5035.5642.3546.2451.45
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