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Tesco PLC (OTCPK:TSCDY)
Days Payable
27.45 (As of Feb. 2014)

Tesco PLC's payable for the six months ended in Feb. 2014 was $15,857 Mil. Tesco PLC's revenue for the six months ended in Feb. 2014 was $52,563 Mil. Hence, Tesco PLC's days payable for the six months ended in Feb. 2014 was 27.45.

Tesco PLC's days payable declined from Feb. 2013 (27.72) to Feb. 2014 (27.45). It may suggest that Tesco PLC 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.

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

Days Payable=Payable/Revenue*Days in Period
=15857.1428571/105576.41196*365
=54.82

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

Days Payable=Payable/Revenue*Days in Period
=15857.1428571/52563.1229236*91
=27.45

* 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.

Tesco PLC Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
DaysPayable 48.8444.8946.6150.5182.7780.0885.2356.5656.2954.82

Tesco PLC Semi-Annual Data

Aug09Feb10Aug10Feb11Aug11Feb12Aug12Feb13Aug13Feb14
DaysPayable 45.1539.0146.3741.5148.6928.0733.7227.7232.5327.45
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