Switch to:
Ascena Retail Group Inc (NAS:ASNA)
Days Accounts Payable
38.79 (As of Jul. 2014)

Ascena Retail Group Inc's accounts payable for the three months ended in Jul. 2014 was $253 Mil. Ascena Retail Group Inc's cost of goods sold for the three months ended in Jul. 2014 was $596 Mil. Hence, Ascena Retail Group Inc's days accounts payable for the three months ended in Jul. 2014 was 38.79.

Ascena Retail Group Inc's days accounts payable declined from Jul. 2013 (44.96) to Jul. 2014 (38.79). It may suggest that Ascena Retail Group Inc accelerated paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Ascena Retail Group Inc's Days Accounts Payable for the fiscal year that ended in Jul. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=253.2/2130.6*365
=43.38

Ascena Retail Group Inc's Days Accounts Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=253.2/595.7*365 / 4
=38.79

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


Related Terms

Accounts Payable, COGS


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

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
Days Accts Payable 63.2457.1857.9949.8955.2246.7552.6662.5745.7843.38

Ascena Retail Group Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Days Accts Payable 52.1452.6554.0038.9348.8344.9649.5336.0543.4838.79
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)
Free 7-day Trial
FEEDBACK