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Tesco PLC (OTCPK:TSCDY)
Days Accounts Payable
69.84 (As of Aug. 2014)

Tesco PLC's accounts payable for the six months ended in Aug. 2014 was $18,199 Mil. Tesco PLC's cost of goods sold for the six months ended in Aug. 2014 was $47,557 Mil. Hence, Tesco PLC's days accounts payable for the six months ended in Aug. 2014 was 69.84.

Tesco PLC's days accounts payable increased from Aug. 2013 (67.22) to Aug. 2014 (69.84). It may suggest that Tesco PLC delayed paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Tesco PLC's Days Accounts Payable for the fiscal year that ended in Feb. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=9686.04651163/98915.282392*365
=35.74

Tesco PLC's Days Accounts Payable for the quarter that ended in Aug. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=18198.6970684/47557.0032573*365 / 2
=69.84

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tesco PLC Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Days Accts Payable 32.9528.3830.7332.9034.8635.4838.1437.2437.1835.74

Tesco PLC Semi-Annual Data

Feb10Aug10Feb11Aug11Feb12Aug12Feb13Aug13Feb14Aug14
Days Accts Payable 34.9265.6737.4869.5237.3569.9436.3267.2235.5069.84
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