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GuruFocus has detected 5 Warning Signs with Constellation Brands Inc $STZ.
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Constellation Brands Inc (NYSE:STZ)
Days Payable
60.79 (As of Feb. 2017)

Constellation Brands Inc's payable for the three months ended in Feb. 2017 was $560 Mil. Constellation Brands Inc's cost of goods sold for the three months ended in Feb. 2017 was $840 Mil. Hence, Constellation Brands Inc's days payable for the three months ended in Feb. 2017 was 60.79.

STZ' s Days Payable Range Over the Past 10 Years
Min: 22.02   Max: 53.74
Current: 53.74

22.02
53.74

During the past 13 years, Constellation Brands Inc's highest Days Payable was 53.74. The lowest was 22.02. And the median was 43.46.

STZ's Days Payable is ranked higher than
50% of the 147 Companies
in the Global Beverages - Wineries & Distilleries industry.

( Industry Median: 74.01 vs. STZ: 53.74 )

Constellation Brands Inc's days payable increased from Feb. 2016 (46.24) to Feb. 2017 (60.79). It may suggest that Constellation Brands Inc 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.

Constellation Brands Inc's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=559.8/3802.1*365
=53.74

Constellation Brands Inc's Days Payable for the quarter that ended in Feb. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=559.8/840.3*365 / 4
=60.79

* 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.

Constellation Brands Inc Annual Data

Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16Feb17
DaysPayable 51.1943.4644.1922.0229.9245.2037.4630.2443.4553.74

Constellation Brands Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
DaysPayable 45.0734.3829.5035.5642.3546.2451.4554.1676.6860.79
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