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Acuity Brands Inc's accounts payable for the three months ended in Aug. 2014 was $287 Mil. Acuity Brands Inc's cost of goods sold for the three months ended in Aug. 2014 was $385 Mil. Hence, Acuity Brands Inc's days accounts payable for the three months ended in Aug. 2014 was 68.08.
Acuity Brands Inc's days accounts payable increased from Aug. 2013 (66.47) to Aug. 2014 (68.08). It may suggest that Acuity Brands Inc delayed paying its suppliers.
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.
Acuity Brands Inc's Days Accounts Payable for the fiscal year that ended in Aug. 2014 is calculated as
Acuity Brands Inc's Days Accounts Payable for the quarter that ended in Aug. 2014 is calculated as:
Acuity Brands Inc Annual Data
|Days Accts Payable||61.14||62.48||61.76||62.03||57.95||73.73||69.80||74.13||72.77||74.17|
Acuity Brands Inc Quarterly Data
|Days Accts Payable||64.79||69.89||64.03||65.66||68.27||66.47||66.03||67.38||64.95||68.08|