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Valassis Communications Inc (NYSE:VCI)
Days Payable
66.71 (As of Sep. 2013)

Valassis Communications Inc's payable for the three months ended in Sep. 2013 was $264 Mil. Valassis Communications Inc's cost of goods sold for the three months ended in Sep. 2013 was $361 Mil. Hence, Valassis Communications Inc's days payable for the three months ended in Sep. 2013 was 66.71.

Valassis Communications Inc's days payable declined from Sep. 2012 (66.85) to Sep. 2013 (66.71). It may suggest that Valassis Communications Inc 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.

Valassis Communications Inc's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=281.32/1610.139*365
=63.77

Valassis Communications Inc's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=264.144/361.337*365 / 4
=66.71

* 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.

Valassis Communications Inc Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysPayable 116.49113.1194.14147.0480.7866.3572.9369.7673.0763.77

Valassis Communications Inc Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
DaysPayable 69.8968.0568.1266.1458.1066.8559.8169.9567.0966.71
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