Switch to:
VF Corp (NYSE:VFC)
Days Payable
36.16 (As of Jun. 2016)

VF Corp's payable for the three months ended in Jun. 2016 was $503 Mil. VF Corp's cost of goods sold for the three months ended in Jun. 2016 was $1,269 Mil. Hence, VF Corp's days payable for the three months ended in Jun. 2016 was 36.16.

VFC' s Days Payable Range Over the Past 10 Years
Min: 28.73   Max: 45.61
Current: 28.73

28.73
45.61

During the past 13 years, VF Corp's highest Days Payable was 45.61. The lowest was 28.73. And the median was 39.71.

VFC's Days Payable is ranked lower than
77% of the 509 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: 50.82 vs. VFC: 28.73 )

VF Corp's days payable increased from Jun. 2015 (35.83) to Jun. 2016 (36.16). It may suggest that VF 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.

VF Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=689.594/6393.8*365
=39.37

VF Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=502.847/1268.773*365 / 4
=36.16

* 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.

VF Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 40.0445.6137.1033.8445.4345.3435.3039.3140.1039.37

VF Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 30.3339.5533.8734.5728.8835.8328.1235.6926.6436.16
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK