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Sysco Corporation (NYSE:SYY)
Days Payable
19.79 (As of Dec. 2013)

Sysco Corporation's payable for the three months ended in Dec. 2013 was $2,444 Mil. Sysco Corporation's revenue for the three months ended in Dec. 2013 was $11,238 Mil. Hence, Sysco Corporation's days payable for the three months ended in Dec. 2013 was 19.79.

Sysco Corporation's days payable increased from Dec. 2012 (18.96) to Dec. 2013 (19.79). It may suggest that Sysco Corporation 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.

Sysco Corporation's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=2463.494/44411.233*365
=20.25

Sysco Corporation's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=2443.704/11237.969*91
=19.79

* 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.

Sysco Corporation Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
DaysPayable 21.6821.6521.1620.6420.0417.7119.1420.2719.4620.25

Sysco Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 21.9119.5220.5618.6220.2518.9620.5219.3220.3119.79
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