Constellation Brands's average Accounts Payable for the
three
months ended in May. 2022 was $887 Mil. Constellation Brands's Cost of Goods Sold for the
three
months ended in May. 2022 was $1,108 Mil.
Hence, Constellation Brands's Days Payable for the
three
months ended in May. 2022 was 73.03.
The historical rank and industry rank for Constellation Brands's Days Payable or its related term are showing as below:
STZ'
s Days Payable Range Over the Past 10 Years
Min: 30.74 Med: 46.12 Max: 74.12
Current: 74.12
During the past 13 years, Constellation Brands's highest Days Payable was 74.12. The lowest was 30.74. And the median was 46.12.
STZ's Days Payable is ranked worse than 53.66% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 78.65
vs STZ: 74.12
Constellation Brands's Days Payable
increased
from May. 2021 (64.43) to May. 2022 (73.03).
It may suggest that Constellation Brands delayed paying its suppliers.
Constellation Brands Days Payable Historical Data
The historical data trend for Constellation Brands'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.
Constellation Brands Annual Data
Trend
Feb13
Feb14
Feb15
Feb16
Feb17
Feb18
Feb19
Feb20
Feb21
Feb22
Days Payable
55.80
54.67
51.13
44.76
60.30
Constellation Brands Quarterly Data
Aug17
Nov17
Feb18
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Days Payable
64.43
66.41
74.42
86.77
73.03
Competitive Comparison
For the Beverages - Wineries & Distilleries subindustry, Constellation Brands'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.
Constellation Brands Days Payable Distribution
For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Days Payable distribution charts can be found below:
* The bar in red indicates where Constellation Brands's Days Payable falls into.
Constellation Brands 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.
Constellation Brands's Days Payable for the fiscal year that ended in Feb. 2022 is calculated as
* 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.
Constellation Brands Days Payable Related Terms
Thank you for viewing the detailed overview of Constellation Brands's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Constellation Brands is the largest multi-category alcohol supplier in the U.S. The business is anchored by a portfolio of Mexican beer trademarks, including Corona and Modelo, for which it acquired exclusive and perpetual U.S. ownership from AB InBev. The latter had to divest these rights due to antitrust mandates as it consummated its 2013 acquisition of dominant Mexican brewer, Grupo Modelo. Constellation's wine/spirits business is in transition, and it has divested several lower-margin assets, including myriad wine brands and its Ballast Point craft beer brand. The firm imports most products after manufacturing them abroad, going to market through independent wholesalers. It owns 38.6% of Canopy Growth, a leading provider of medicinal and recreational cannabis products.
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