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Walgreen Co (NYSE:WAG)
Days Payable
19.98 (As of May. 2014)

Walgreen Co's payable for the three months ended in May. 2014 was $4,259 Mil. Walgreen Co's revenue for the three months ended in May. 2014 was $19,401 Mil. Hence, Walgreen Co's days payable for the three months ended in May. 2014 was 19.98.

Walgreen Co's days payable declined from May. 2013 (22.88) to May. 2014 (19.98). It may suggest that Walgreen Co 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.

Walgreen Co's Days Payable for the fiscal year that ended in Aug. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=5156/72217*365
=26.06

Walgreen Co's Days Payable for the quarter that ended in May. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=4259/19401*91
=19.98

* 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.

Walgreen Co Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
DaysPayable 25.7025.2431.1025.3526.5225.0627.4925.2624.6526.06

Walgreen Co Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
DaysPayable 21.8023.7725.7926.1521.9522.8826.1525.0221.5519.98
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