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GuruFocus has detected 2 Warning Signs with Flowers Foods Inc $FLO.
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Flowers Foods Inc (NYSE:FLO)
Days Payable
27.70 (As of Mar. 2017)

Flowers Foods Inc's payable for the three months ended in Mar. 2017 was $185 Mil. Flowers Foods Inc's cost of goods sold for the three months ended in Mar. 2017 was $608 Mil. Hence, Flowers Foods Inc's days payable for the three months ended in Mar. 2017 was 27.70.

FLO' s Days Payable Range Over the Past 10 Years
Min: 24.34   Max: 34.73
Current: 33.46

24.34
34.73

During the past 13 years, Flowers Foods Inc's highest Days Payable was 34.73. The lowest was 24.34. And the median was 29.86.

FLO's Days Payable is ranked lower than
65% of the 1023 Companies
in the Global Packaged Foods industry.

( Industry Median: 45.59 vs. FLO: 33.46 )

Flowers Foods Inc's days payable increased from Mar. 2016 (26.83) to Mar. 2017 (27.70). It may suggest that Flowers Foods Inc 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.

Flowers Foods Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=173.102/2026.367*365
=31.18

Flowers Foods Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=184.528/607.941*365 / 4
=27.70

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Flowers Foods Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 34.5333.7324.3427.6628.5334.7328.1226.6931.9631.18

Flowers Foods Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 28.6926.8034.2536.1634.4126.8334.2334.7435.0727.70
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