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Ascena Retail Group Inc (NAS:ASNA)
Days Payable
70.29 (As of Oct. 2016)

Ascena Retail Group Inc's payable for the three months ended in Oct. 2016 was $512 Mil. Ascena Retail Group Inc's cost of goods sold for the three months ended in Oct. 2016 was $664 Mil. Hence, Ascena Retail Group Inc's days payable for the three months ended in Oct. 2016 was 70.29.

ASNA' s Days Payable Range Over the Past 10 Years
Min: 40.85   Max: 62.86
Current: 62.86

40.85
62.86

During the past 13 years, Ascena Retail Group Inc's highest Days Payable was 62.86. The lowest was 40.85. And the median was 50.50.

ASNA's Days Payable is ranked higher than
61% of the 653 Companies
in the Global Apparel Stores industry.

( Industry Median: 52.13 vs. ASNA: 62.86 )

Ascena Retail Group Inc's days payable increased from Oct. 2015 (49.51) to Oct. 2016 (70.29). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=429.4/3066.7*365
=51.11

Ascena Retail Group Inc's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=511.8/664.4*365 / 4
=70.29

* 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.

Ascena Retail Group Inc Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysPayable 57.9949.8955.2246.7552.6661.2844.2643.3840.8551.11

Ascena Retail Group Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 43.1745.6330.3145.8640.9449.5139.1852.8850.8270.29
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