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Ascena Retail Group Inc (NAS:ASNA)
Days Payable
30.31 (As of Jan. 2015)

Ascena Retail Group Inc's payable for the three months ended in Jan. 2015 was $208 Mil. Ascena Retail Group Inc's cost of goods sold for the three months ended in Jan. 2015 was $627 Mil. Hence, Ascena Retail Group Inc's days payable for the three months ended in Jan. 2015 was 30.31.

Ascena Retail Group Inc's days payable declined from Jan. 2014 (34.47) to Jan. 2015 (30.31). It may suggest that Ascena Retail Group Inc accelerated 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=253.2/2130.6*365
=43.38

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=208.1/626.6*365 / 4
=30.31

* 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

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
DaysPayable 63.2457.1857.9949.8955.2246.7552.6662.5744.2643.38

Ascena Retail Group Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
DaysPayable 54.0038.9348.8339.6247.8734.4743.4838.7945.6330.31
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