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Molson Coors Brewing Co (NYSE:TAP)
Days Payable
254.33 (As of Mar. 2016)

Molson Coors Brewing Co's payable for the three months ended in Mar. 2016 was $1,154 Mil. Molson Coors Brewing Co's cost of goods sold for the three months ended in Mar. 2016 was $414 Mil. Hence, Molson Coors Brewing Co's days payable for the three months ended in Mar. 2016 was 254.33.

TAP' s Days Payable Range Over the Past 10 Years
Min: 19.63   Max: 199.82
Current: 198.41

19.63
199.82

During the past 13 years, Molson Coors Brewing Co's highest Days Payable was 199.82. The lowest was 19.63. And the median was 45.88.

TAP's Days Payable is ranked higher than
92% of the 157 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 63.80 vs. TAP: 198.41 )

Molson Coors Brewing Co's days payable increased from Mar. 2015 (0.00) to Mar. 2016 (254.33). It may suggest that Molson Coors Brewing Co 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.

Molson Coors Brewing Co's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1184.4/2163.5*365
=199.82

Molson Coors Brewing Co's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1153.9/414*365 / 4
=254.33

* 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.

Molson Coors Brewing Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 40.7134.6619.6340.8845.8847.8376.0785.990.00199.82

Molson Coors Brewing Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 84.920.000.000.000.000.000.000.00199.07254.33
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