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Agrium (Agrium) Days Payable : 185.30 (As of Sep. 2017)


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What is Agrium Days Payable?

Agrium's average Accounts Payable for the three months ended in Sep. 2017 was $3,706 Mil. Agrium's Cost of Goods Sold for the three months ended in Sep. 2017 was $1,825 Mil. Hence, Agrium's Days Payable for the three months ended in Sep. 2017 was 185.30.

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

AGU's Days Payable is not ranked *
in the Agriculture industry.
Industry Median: 78.58
* Ranked among companies with meaningful Days Payable only.

Agrium's Days Payable declined from Sep. 2016 (190.14) to Sep. 2017 (185.30). It may suggest that Agrium accelerated paying its suppliers.


Agrium Days Payable Historical Data

The historical data trend for Agrium'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.

* Premium members only.

Agrium Days Payable Chart

Agrium Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.21 40.34 42.20 49.61 66.28

Agrium Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 190.14 140.40 165.41 92.91 185.30

Competitive Comparison of Agrium's Days Payable

For the Agricultural Inputs subindustry, Agrium'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.


Agrium's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Agrium's Days Payable distribution charts can be found below:

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



Agrium 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.

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

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (1495 + 2235) / 2 ) / 10270*365
=1865 / 10270*365
=66.28

Agrium's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (4155 + 3257) / 2 ) / 1825*365 / 4
=3706 / 1825*365 / 4
=185.30

* 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.


Agrium Days Payable Related Terms

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


Agrium (Agrium) Business Description

Traded in Other Exchanges
N/A
Address
With more than 1,400 retail centers, Canada-based Agrium is the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, and seed directly to farm customers. The company's wholesale business produces and markets the three main crop nutrients--nitrogen, potash, and phosphate--with natural resources located mainly in Canada and the United States. The bulk of Agrium's sales are generated in the U.S., Canada, and Australia.

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