Switch to:
Molson Coors Brewing Co (NYSE:TAP)
Days Payable
199.07 (As of Dec. 2015)

Molson Coors Brewing Co's payable for the three months ended in Dec. 2015 was $1,184 Mil. Molson Coors Brewing Co's cost of goods sold for the three months ended in Dec. 2015 was $543 Mil. Hence, Molson Coors Brewing Co's days payable for the three months ended in Dec. 2015 was 199.07.

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

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 43.38.

TAP's Days Payable is ranked higher than
90% of the 149 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 67.36 vs. TAP: 199.82 )

Molson Coors Brewing Co's days payable increased from Dec. 2014 (0.00) to Dec. 2015 (199.07). 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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1184.4/542.9*365 / 4
=199.07

* 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 40.7134.6619.6340.8845.8847.8376.070.000.00199.82

Molson Coors Brewing Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.000.000.000.000.000.000.000.000.00199.07
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)

GuruFocus Premium Plus Membership

FEEDBACK