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Ascena Retail Group Inc (NAS:ASNA)
Days Payable
50.82 (As of Jul. 2016)

Ascena Retail Group Inc's payable for the three months ended in Jul. 2016 was $429 Mil. Ascena Retail Group Inc's cost of goods sold for the three months ended in Jul. 2016 was $771 Mil. Hence, Ascena Retail Group Inc's days payable for the three months ended in Jul. 2016 was 50.82.

ASNA' s Days Payable Range Over the Past 10 Years
Min: 40.85   Max: 61.28
Current: 50.83

40.85
61.28

During the past 13 years, Ascena Retail Group Inc's highest Days Payable was 61.28. The lowest was 40.85. And the median was 50.50.

ASNA's Days Payable is ranked higher than
52% of the 656 Companies
in the Global Apparel Stores industry.

( Industry Median: 49.18 vs. ASNA: 50.83 )

Ascena Retail Group Inc's days payable increased from Jul. 2015 (40.94) to Jul. 2016 (50.82). 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 Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=429.4/771*365 / 4
=50.82

* 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

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysPayable 57.9949.8955.2246.7552.6661.2844.2643.3840.8551.11

Ascena Retail Group Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 41.9443.1745.6330.3145.8640.9449.0939.1852.8850.82
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