Switch to:
GuruFocus has detected 4 Warning Signs with Sherwin-Williams Co $SHW.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Sherwin-Williams Co (NYSE:SHW)
Days Payable
78.61 (As of Mar. 2017)

Sherwin-Williams Co's payable for the three months ended in Mar. 2017 was $1,222 Mil. Sherwin-Williams Co's cost of goods sold for the three months ended in Mar. 2017 was $1,418 Mil. Hence, Sherwin-Williams Co's days payable for the three months ended in Mar. 2017 was 78.61.

SHW' s Days Payable Range Over the Past 10 Years
Min: 60.12   Max: 77.3
Current: 73.84

60.12
77.3

During the past 13 years, Sherwin-Williams Co's highest Days Payable was 77.30. The lowest was 60.12. And the median was 64.03.

SHW's Days Payable is ranked higher than
63% of the 814 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 49.46 vs. SHW: 73.84 )

Sherwin-Williams Co's days payable declined from Mar. 2016 (80.17) to Mar. 2017 (78.61). It may suggest that Sherwin-Williams Co accelerated 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.

Sherwin-Williams 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
=1034.608/5933.337*365
=63.65

Sherwin-Williams 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
=1221.778/1418.247*365 / 4
=78.61

* 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.

Sherwin-Williams Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 61.3660.1264.2977.3070.1663.2365.4463.7773.1063.65

Sherwin-Williams Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 70.3781.3571.4270.3582.3780.1774.2967.9967.7278.61
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK