Starbucks (XTER:SRB) Days Payable : 22.03 (As of Sep. 2024)

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What is Starbucks Days Payable?

Starbucks's average Accounts Payable for the three months ended in Sep. 2024 was €1,456 Mil. Starbucks's Cost of Goods Sold for the three months ended in Sep. 2024 was €6,030 Mil. Hence, Starbucks's Days Payable for the three months ended in Sep. 2024 was 22.03.

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

XTER:SRB' s Days Payable Range Over the Past 10 Years
Min: 16.84 Med: 20.43 Max: 22.73
Current: 21.17

During the past 13 years, Starbucks's highest Days Payable was 22.73. The lowest was 16.84. And the median was 20.43.

XTER:SRB's Days Payable is ranked worse than
82.83% of 332 companies
in the Restaurants industry
Industry Median: 37.235 vs XTER:SRB: 21.17

Starbucks's Days Payable increased from Sep. 2023 (20.74) to Sep. 2024 (22.03). It may suggest that Starbucks delayed paying its suppliers.

Starbucks Days Payable Historical Data

The historical data trend for Starbucks'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.

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Starbucks Days Payable Chart

Starbucks Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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22.45

19.50

18.81

21.64

22.08

Starbucks 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															20.74	20.29	21.07	21.25	22.03

Competitive Comparison of Starbucks's Days Payable

For the Restaurants subindustry, Starbucks'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.

Starbucks's Days Payable Distribution in the Restaurants Industry

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

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

Starbucks 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.

Starbucks's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (1447.009	+	1437.546)	/	2 )	/	23846.857	*	365
=	1442.2775					/	23846.857	*	365
=	22.08

Starbucks'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
=	( (1473.673	+	1437.546)	/	2 )	/	6029.672	*	365 / 4
=	1455.6095					/	6029.672	*	365 / 4
=	22.03

Starbucks Days Payable Related Terms

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Starbucks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Starbucks Corp (XTER:SRB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SBUX:USA SBUX:Peru SBUX:Mexico SBUX_KZ:Kazakhstan 1SBUX:Italy SRBd:UK 0QZH:UK SRB0:Germany SRB:Germany SRB:Germany SRB:Germany SBUX:Canada SBUB34:Brazil SBUX:Austria SBUX:Argentina

Address

2401 Utah Avenue South, Seattle, WA, USA, 98134

Website

https://www.starbucks.com

Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 40,000 stores across more than 80 countries as of the end of fiscal 2024. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

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