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The Valspar Corp (NYSE:VAL)
Days Payable
68.66 (As of Oct. 2015)

The Valspar Corp's payable for the three months ended in Oct. 2015 was $554 Mil. The Valspar Corp's cost of goods sold for the three months ended in Oct. 2015 was $736 Mil. Hence, The Valspar Corp's days payable for the three months ended in Oct. 2015 was 68.66.

VAL' s Days Payable Range Over the Past 10 Years
Min: 58.4   Max: 82.26
Current: 71.14

58.4
82.26

During the past 13 years, The Valspar Corp's highest Days Payable was 82.26. The lowest was 58.40. And the median was 68.03.

VAL's Days Payable is ranked higher than
69% of the 875 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 50.54 vs. VAL: 71.14 )

The Valspar Corp's days payable increased from Oct. 2014 (67.65) to Oct. 2015 (68.66). 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. 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 Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=553.737/735.927*365 / 4
=68.66

* 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

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 72.9975.0385.0573.8676.1167.6577.5373.2068.5768.66
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