Switch to:
Ascena Retail Group Inc (NAS:ASNA)
Days Payable
49.09 (As of Oct. 2015)

Ascena Retail Group Inc's payable for the three months ended in Oct. 2015 was $417 Mil. Ascena Retail Group Inc's cost of goods sold for the three months ended in Oct. 2015 was $776 Mil. Hence, Ascena Retail Group Inc's days payable for the three months ended in Oct. 2015 was 49.09.

ASNA' s Days Payable Range Over the Past 10 Years
Min: 40.85   Max: 62.57
Current: 63.22

40.85
62.57

During the past 13 years, Ascena Retail Group Inc's highest Days Payable was 62.57. The lowest was 40.85. And the median was 51.28.

ASNA's Days Payable is ranked higher than
61% of the 718 Companies
in the Global Apparel Stores industry.

( Industry Median: 52.92 vs. ASNA: 63.22 )

Ascena Retail Group Inc's days payable increased from Oct. 2014 (45.63) to Oct. 2015 (49.09). It may suggest that Ascena Retail Group 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.

Ascena Retail Group Inc's Days Payable for the fiscal year that ended in Jul. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=238.8/2133.7*365
=40.85

Ascena Retail Group Inc's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=417.4/775.9*365 / 4
=49.09

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Ascena Retail Group Inc Annual Data

Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15
DaysPayable 57.1857.9949.8955.2246.7552.6662.5744.2643.3840.85

Ascena Retail Group Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 39.6247.8734.4741.9443.1745.6330.3145.8640.9449.09
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)

GuruFocus Premium Plus Membership

FEEDBACK