Switch to:
Sonic Corp  (NAS:SONC) Days Payable: 17.29 (As of May. 2017)

Sonic Corp's payable for the three months ended in May. 2017 was $11.1 Mil. Sonic Corp's Cost of Goods Sold for the three months ended in May. 2017 was $58.8 Mil. Hence, Sonic Corp's days payable for the three months ended in May. 2017 was 17.29.

NAS:SONC' s Days Payable Range Over the Past 10 Years
Min: 11.41   Max: 18.7
Current: 16.27

11.41
18.7

During the past 13 years, Sonic Corp's highest Days Payable was 18.70. The lowest was 11.41. And the median was 13.87.

NAS:SONC's Days Payable is ranked lower than
87% of the 252 Companies
in the Global industry.

( Industry Median: 39.76 vs. NAS:SONC: 16.27 )

Sonic Corp's days payable increased from May. 2016 (17.27) to May. 2017 (17.29). It may suggest that Sonic Corp delayed paying its suppliers.


Historical Data

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

* Premium members only.

Sonic Corp Annual Data

Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.93 18.36 13.90 14.70 0.00

Sonic Corp Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 14.18 21.89 20.56 17.29 0.00

Competitive Comparison
* 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.


Calculation

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.

Sonic Corp's Days Payable for the fiscal year that ended in Aug. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=14.372/356.82*365
=14.70

Sonic Corp's Days Payable for the quarter that ended in May. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.142/58.806*365 / 4
=17.29

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


Related Terms


Headlines

From the Internet

Company News For Oct 17, 2017

- Zacks 2017-10-17 09:03:00

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)

GF Chat

{{numOfNotice}}
FEEDBACK