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GuruFocus has detected 8 Warning Signs with The Hershey Co $HSY.
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The Hershey Co (NYSE:HSY)
Days Payable
46.81 (As of Mar. 2017)

The Hershey Co's payable for the three months ended in Mar. 2017 was $499 Mil. The Hershey Co's cost of goods sold for the three months ended in Mar. 2017 was $973 Mil. Hence, The Hershey Co's days payable for the three months ended in Mar. 2017 was 46.81.

HSY' s Days Payable Range Over the Past 10 Years
Min: 24.55   Max: 46.04
Current: 42.93

24.55
46.04

During the past 13 years, The Hershey Co's highest Days Payable was 46.04. The lowest was 24.55. And the median was 43.13.

HSY's Days Payable is ranked lower than
51% of the 1023 Companies
in the Global Confectioners industry.

( Industry Median: 45.59 vs. HSY: 42.93 )

The Hershey Co's days payable increased from Mar. 2016 (39.37) to Mar. 2017 (46.81). It may suggest that The Hershey Co 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.

The Hershey Co'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
=522.536/4282.29*365
=44.54

The Hershey Co's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=499.149/973.118*365 / 4
=46.81

* 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.

The Hershey Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 24.5526.9832.3846.0443.2042.6343.5843.0643.2344.54

The Hershey Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 39.1739.5245.8138.3041.0339.3746.6636.2638.8346.81
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