Switch to:
Sysco Corp (NYSE:SYY)
Days Payable
26.90 (As of Mar. 2016)

Sysco Corp's payable for the three months ended in Mar. 2016 was $2,907 Mil. Sysco Corp's cost of goods sold for the three months ended in Mar. 2016 was $9,860 Mil. Hence, Sysco Corp's days payable for the three months ended in Mar. 2016 was 26.90.

SYY' s Days Payable Range Over the Past 10 Years
Min: 21.89   Max: 26.95
Current: 26.28

21.89
26.95

During the past 13 years, Sysco Corp's highest Days Payable was 26.95. The lowest was 21.89. And the median was 24.78.

SYY's Days Payable is ranked lower than
79% of the 293 Companies
in the Global Food Distribution industry.

( Industry Median: 46.29 vs. SYY: 26.28 )

Sysco Corp's days payable increased from Mar. 2015 (26.71) to Mar. 2016 (26.90). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2881.953/40129.236*365
=26.21

Sysco Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2906.651/9859.966*365 / 4
=26.90

* 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

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 26.2125.5724.6621.8923.6624.9023.2424.2526.9526.21

Sysco Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 24.0526.8025.5026.0225.5326.7125.8325.5224.7426.90
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)
FEEDBACK