Constellation Brands (Constellation Brands) Days Payable : 88.59 (As of Feb. 2024)

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What is Constellation Brands Days Payable?

Constellation Brands's average Accounts Payable for the three months ended in Feb. 2024 was $1,068 Mil. Constellation Brands's Cost of Goods Sold for the three months ended in Feb. 2024 was $1,100 Mil. Hence, Constellation Brands's Days Payable for the three months ended in Feb. 2024 was 88.59.

The historical rank and industry rank for Constellation Brands's Days Payable or its related term are showing as below:

STZ' s Days Payable Range Over the Past 10 Years
Min: 30.74 Med: 52.9 Max: 75.62
Current: 74.7

During the past 13 years, Constellation Brands's highest Days Payable was 75.62. The lowest was 30.74. And the median was 52.90.

STZ's Days Payable is ranked worse than
54.95% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 81.54 vs STZ: 74.70

Constellation Brands's Days Payable increased from Feb. 2023 (85.81) to Feb. 2024 (88.59). It may suggest that Constellation Brands delayed paying its suppliers.

Constellation Brands Days Payable Historical Data

The historical data trend for Constellation Brands's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Constellation Brands Days Payable Chart

Constellation Brands Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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51.13

44.76

60.30

71.72

75.62

Constellation Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															85.81	70.58	65.21	76.31	88.59

Competitive Comparison of Constellation Brands's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Constellation Brands's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Constellation Brands's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Days Payable distribution charts can be found below:

* The bar in red indicates where Constellation Brands's Days Payable falls into.

Constellation Brands Days Payable Calculation

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

Constellation Brands's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (941.5	+	1107.1)	/	2 )	/	4944.3	*	365
=	1024.3					/	4944.3	*	365
=	75.62

Constellation Brands's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1028.8	+	1107.1)	/	2 )	/	1100	*	365 / 4
=	1067.95					/	1100	*	365 / 4
=	88.59

Constellation Brands Days Payable Related Terms

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Constellation Brands (Constellation Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Constellation Brands Inc (NYSE:STZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STZ:Mexico CB1A:Germany STZB34:Brazil STZ:Austria

Address

207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564

Website

https://www.cbrands.com

Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the U.S., generating 80% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the U.S., the firm has small revenue exposure to international markets. Constellation owns a 36% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

Executives

Family Foundation Sands	other: Member of 10% owner group	C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Ernesto M Hernandez	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
James O. Bourdeau	officer: EVP & Gen. Counsel	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Daniel J Mccarthy	director	FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Robert Lee Hanson	officer: EVP & Pres. Wine and Spirits	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
William A Newlands	director, officer: President & CEO	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DR., BUILDING 100, VICTOR NY 14564
Kaneenat Kristann Carey	officer: EVP & Chief HR Officer	207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Garth Hankinson	officer: EVP & CFO	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
William T Giles	director	123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Luca Zaramella	director	C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Rht 2015 Business Holdings Lp	other: Member of 10% owner group	110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Rss Business Holdings Lp	10 percent owner	C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rct 2015 Business Holdings Lp	other: Member of 10% owner group	110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Wildstar Partners Llc	10 percent owner	110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rss 2015 Business Holdings Lp	other: Member of 10% owner group	110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444