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The Wendy's Co (NAS:WEN)
Days Payable
17.21 (As of Jun. 2016)

The Wendy's Co's payable for the three months ended in Jun. 2016 was $38 Mil. The Wendy's Co's cost of goods sold for the three months ended in Jun. 2016 was $203 Mil. Hence, The Wendy's Co's days payable for the three months ended in Jun. 2016 was 17.21.

WEN' s Days Payable Range Over the Past 10 Years
Min: 11.37   Max: 53.13
Current: 14.21

11.37
53.13

During the past 13 years, The Wendy's Co's highest Days Payable was 53.13. The lowest was 11.37. And the median was 18.24.

WEN's Days Payable is ranked lower than
85% of the 232 Companies
in the Global Restaurants industry.

( Industry Median: 38.78 vs. WEN: 14.21 )

The Wendy's Co's days payable declined from Jun. 2015 (19.50) to Jun. 2016 (17.21). It may suggest that The Wendy's 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.

The Wendy's Co's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=80.463/1400.796*365
=20.97

The Wendy's Co's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=38.192/202.554*365 / 4
=17.21

* 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 Wendy's Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 19.8721.5535.9313.8411.3716.3413.7416.6120.9716.55

The Wendy's Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 14.7319.4325.6921.9221.6119.5019.0017.9915.4517.21
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