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Sysco Corp (NYSE:SYY)
Days Payable
25.53 (As of Dec. 2014)

Sysco Corp's payable for the three months ended in Dec. 2014 was $2,798 Mil. Sysco Corp's cost of goods sold for the three months ended in Dec. 2014 was $10,002 Mil. Hence, Sysco Corp's days payable for the three months ended in Dec. 2014 was 25.53.

Sysco Corp's days payable increased from Dec. 2013 (24.05) to Dec. 2014 (25.53). It may suggest that Sysco Corp 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 Corp's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2831.028/38335.677*365
=26.95

Sysco Corp's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2797.947/10001.937*365 / 4
=25.53

* 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 Corp Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
DaysPayable 26.7626.2125.5724.6621.8923.7224.9623.2424.3426.95

Sysco Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
DaysPayable 23.2523.2124.7123.2523.4124.0526.8025.5026.0225.53
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