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The Valspar Corp (NYSE:VAL)
Days Payable
74.32 (As of Apr. 2016)

The Valspar Corp's payable for the three months ended in Apr. 2016 was $534 Mil. The Valspar Corp's cost of goods sold for the three months ended in Apr. 2016 was $655 Mil. Hence, The Valspar Corp's days payable for the three months ended in Apr. 2016 was 74.32.

VAL' s Days Payable Range Over the Past 10 Years
Min: 49.7   Max: 82.26
Current: 72.25

49.7
82.26

During the past 13 years, The Valspar Corp's highest Days Payable was 82.26. The lowest was 49.70. And the median was 66.04.

VAL's Days Payable is ranked higher than
72% of the 903 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 47.70 vs. VAL: 72.25 )

The Valspar Corp's days payable increased from Apr. 2015 (73.20) to Apr. 2016 (74.32). It may suggest that The Valspar Corp 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.

The Valspar Corp's Days Payable for the fiscal year that ended in Oct. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=600.875/2983.378*365
=73.51

The Valspar Corp's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=533.741/655.356*365 / 4
=74.32

* 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.

The Valspar Corp Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysPayable 64.8559.5358.4067.2375.7662.1868.8382.2673.5171.14

The Valspar Corp Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 85.0573.8676.1167.6577.5373.2068.5768.6681.2074.32
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