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Sysco Corp (NYSE:SYY)
Days Payable
24.74 (As of Dec. 2015)

Sysco Corp's payable for the three months ended in Dec. 2015 was $2,710 Mil. Sysco Corp's cost of goods sold for the three months ended in Dec. 2015 was $9,997 Mil. Hence, Sysco Corp's days payable for the three months ended in Dec. 2015 was 24.74.

SYY' s Days Payable Range Over the Past 10 Years
Min: 21.89   Max: 26.95
Current: 24.61

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 24.81.

SYY's Days Payable is ranked lower than
82% of the 299 Companies
in the Global Food Distribution industry.

( Industry Median: 46.29 vs. SYY: 24.61 )

Sysco Corp's days payable declined from Dec. 2014 (25.53) to Dec. 2015 (24.74). It may suggest that Sysco Corp accelerated 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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2710.469/9996.812*365 / 4
=24.74

* 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 26.2125.5724.6621.8923.7224.9623.3124.3426.9526.21

Sysco Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 23.4124.0526.8025.5026.0225.5326.7125.8325.5224.74
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