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GuruFocus has detected 1 Warning Sign with Tesco PLC $TSCDY.
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Tesco PLC (OTCPK:TSCDY)
Days Payable
59.94 (As of Feb. 2017)

Tesco PLC's payable for the six months ended in Feb. 2017 was $11,094 Mil. Tesco PLC's cost of goods sold for the six months ended in Feb. 2017 was $33,775 Mil. Hence, Tesco PLC's days payable for the six months ended in Feb. 2017 was 59.94.

TSCDY' s Days Payable Range Over the Past 10 Years
Min: 31.33   Max: 61.1
Current: 61.1

31.33
61.1

During the past 13 years, Tesco PLC's highest Days Payable was 61.10. The lowest was 31.33. And the median was 36.46.

TSCDY's Days Payable is ranked higher than
66% of the 264 Companies
in the Global Grocery Stores industry.

( Industry Median: 48.66 vs. TSCDY: 61.10 )

Tesco PLC's days payable increased from Feb. 2016 (32.04) to Feb. 2017 (59.94). It may suggest that Tesco PLC 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.

Tesco PLC'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
=11093.75/66268.75*365
=61.10

Tesco PLC's Days Payable for the quarter that ended in Feb. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11093.75/33775*365 / 2
=59.94

* 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.

Tesco PLC Annual Data

Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16Feb17
DaysPayable 32.9034.8635.4838.1437.2437.1835.7431.3359.2561.10

Tesco PLC Semi-Annual Data

Aug12Feb13Aug13Feb14Aug14Feb15Aug15Feb16Aug16Feb17
DaysPayable 69.9436.3267.2235.5076.1328.6460.2732.0461.7759.94
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