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The Valspar Corp (NYSE:VAL)
Days Payable
71.36 (As of Jul. 2016)

The Valspar Corp's payable for the six months ended in Jul. 2016 was $563 Mil. The Valspar Corp's cost of goods sold for the six months ended in Jul. 2016 was $720 Mil. Hence, The Valspar Corp's days payable for the six months ended in Jul. 2016 was 142.73.

VAL' s Days Payable Range Over the Past 10 Years
Min: 58.4   Max: 79.61
Current: 76.73

58.4
79.61

During the past 13 years, The Valspar Corp's highest Days Payable was 79.61. The lowest was 58.40. And the median was 68.03.

VAL's Days Payable is ranked higher than
72% of the 829 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 49.64 vs. VAL: 76.73 )

The Valspar Corp's days payable declined from Jan. 2016 (81.20) to Jul. 2016 (71.36). It may suggest that The Valspar Corp 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.

The Valspar Corp's Days Payable for the fiscal year that ended in Oct. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=553.737/2841.233*365
=71.14

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=563.078/719.995*365 / 2
=142.73

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The Valspar Corp Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysPayable 64.8559.5358.4067.2375.7662.1868.8379.6171.0671.14

The Valspar Corp Semi-Annual Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 71.4273.6665.3677.5373.2068.5768.6681.2074.3271.36
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