Switch to:
Walgreen Co (NYSE:WAG)
Days Payable
28.68 (As of Aug. 2014)

Walgreen Co's payable for the three months ended in Aug. 2014 was $4,315 Mil. Walgreen Co's cost of goods sold for the three months ended in Aug. 2014 was $13,730 Mil. Hence, Walgreen Co's days payable for the three months ended in Aug. 2014 was 28.68.

Walgreen Co's days payable declined from Aug. 2013 (33.17) to Aug. 2014 (28.68). 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4315/54823*365
=28.73

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4315/13730*365 / 4
=28.68

* 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

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
DaysPayable 35.0243.0635.3836.9334.3934.5533.9631.2033.1128.73

Walgreen Co Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 31.7632.6936.0130.7131.5833.1732.9829.3527.6828.68
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)
Free 7-day Trial
FEEDBACK