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Acuity Brands Inc (NYSE:AYI)
Days Payable
38.67 (As of May. 2014)

Acuity Brands Inc's payable for the three months ended in May. 2014 was $257 Mil. Acuity Brands Inc's revenue for the three months ended in May. 2014 was $604 Mil. Hence, Acuity Brands Inc's days payable for the three months ended in May. 2014 was 38.67.

Acuity Brands Inc's days payable declined from May. 2013 (40.28) to May. 2014 (38.67). It may suggest that Acuity Brands 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.

Acuity Brands Inc's Days Payable for the fiscal year that ended in Aug. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=249.5/2089.1*365
=43.59

Acuity Brands Inc's Days Payable for the quarter that ended in May. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=256.6/603.9*91
=38.67

* 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.

Acuity Brands Inc Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
DaysPayable 35.7437.2737.1530.3537.0635.7443.7541.4343.9243.59

Acuity Brands Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
DaysPayable 37.6637.8441.1838.7039.9640.2839.1638.6840.7238.67
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