CSS Industries (CSS Industries) Days Payable : 35.84 (As of Dec. 2019)

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What is CSS Industries Days Payable?

CSS Industries's average Accounts Payable for the three months ended in Dec. 2019 was $32.6 Mil. CSS Industries's Cost of Goods Sold for the three months ended in Dec. 2019 was $82.9 Mil. Hence, CSS Industries's Days Payable for the three months ended in Dec. 2019 was 35.84.

The historical rank and industry rank for CSS Industries's Days Payable or its related term are showing as below:

CSS's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 56.77
* Ranked among companies with meaningful Days Payable only.

CSS Industries's Days Payable increased from Dec. 2018 (34.00) to Dec. 2019 (35.84). It may suggest that CSS Industries delayed paying its suppliers.

CSS Industries Days Payable Historical Data

The historical data trend for CSS Industries's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CSS Industries Days Payable Chart

CSS Industries Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Days Payable

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20.36

23.27

22.83

23.61

30.21

CSS Industries Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Days Payable	Get a 7-Day Free Trial															34.00	56.11	52.05	38.78	35.84

Competitive Comparison of CSS Industries's Days Payable

For the Specialty Retail subindustry, CSS Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CSS Industries's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSS Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where CSS Industries's Days Payable falls into.

CSS Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

CSS Industries's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

	Days Payable (A: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2018 )	+	Accounts Payable (A: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2019 )	*	Days in Period
=	( (20.581	+	27.916)	/	2 )	/	292.973	*	365
=	24.2485					/	292.973	*	365
=	30.21

CSS Industries's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (36.652	+	28.509)	/	2 )	/	82.945	*	365 / 4
=	32.5805					/	82.945	*	365 / 4
=	35.84

CSS Industries Days Payable Related Terms

Thank you for viewing the detailed overview of CSS Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CSS Industries (CSS Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » CSS Industries Inc (NYSE:CSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Plymouth Road, Suite 300, Plymouth Meeting, PA, USA, 19462

Website

https://www.cssindustries.com

CSS Industries Inc is a consumer products company. It is focused on the seasonal, gift and craft categories. The company engages in the creative development, manufacture, procurement, distribution, and sale of products with an omni-channel approach focused primarily on mass market retailers.

Executives

Philip R Broenniman	director	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Robert E Chappell	director	C/O GLATFELTER, 96 S GEORGE ST STE 420, YORK PA 17401
Keith W Pfeil	officer: Exec. VP and CFO	GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403
Steven W Eck	officer: VP - Finance and Accounting	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Scott A Beaumont	director	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
John J Gavin	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
James E Ksansnak	director	ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107