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Yum Brands (STU:TGR) Days Payable : 107.89 (As of Sep. 2024)


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What is Yum Brands Days Payable?

Yum Brands's average Accounts Payable for the three months ended in Sep. 2024 was €1,023 Mil. Yum Brands's Cost of Goods Sold for the three months ended in Sep. 2024 was €865 Mil. Hence, Yum Brands's Days Payable for the three months ended in Sep. 2024 was 107.89.

The historical rank and industry rank for Yum Brands's Days Payable or its related term are showing as below:

STU:TGR' s Days Payable Range Over the Past 10 Years
Min: 14.93   Med: 24.02   Max: 91.98
Current: 91.98

During the past 13 years, Yum Brands's highest Days Payable was 91.98. The lowest was 14.93. And the median was 24.02.

STU:TGR's Days Payable is ranked better than
86.45% of 332 companies
in the Restaurants industry
Industry Median: 37.235 vs STU:TGR: 91.98

Yum Brands's Days Payable declined from Sep. 2023 (116.54) to Sep. 2024 (107.89). It may suggest that Yum Brands accelerated paying its suppliers.


Yum Brands Days Payable Historical Data

The historical data trend for Yum 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.

Yum Brands Days Payable Chart

Yum Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.28 24.89 22.78 23.53 24.53

Yum Brands Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial 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 116.54 58.99 75.77 111.38 107.89

Competitive Comparison of Yum Brands's Days Payable

For the Restaurants subindustry, Yum 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.


Yum Brands's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yum Brands's Days Payable distribution charts can be found below:

* The bar in red indicates where Yum Brands's Days Payable falls into.



Yum 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.

Yum Brands's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (229.392 + 211.827) / 2 ) / 3282.86*365
=220.6095 / 3282.86*365
=24.53

Yum Brands's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1020.042 + 1025.338) / 2 ) / 864.96*365 / 4
=1022.69 / 864.96*365 / 4
=107.89

* 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.


Yum Brands Days Payable Related Terms

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Yum Brands Business Description

Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a US-based restaurant operator featuring a portfolio of four brands: KFC (29,900 global units at year-end 2023), Pizza Hut (19,866 units), Taco Bell (8,564 units), and The Habit Burger Grill (381 units). With $64 billion in 2023 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($130 billion), ahead of Restaurant Brands International ($43 billion) and Starbucks ($29 billion). Yum is 98% franchised, with the largest franchisee, wide-moat Yum China, spun out in 2016, after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity. Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.