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Acuity Brands Inc (NYSE:AYI)
Days Payable
68.19 (As of May. 2016)

Acuity Brands Inc's payable for the three months ended in May. 2016 was $354 Mil. Acuity Brands Inc's cost of goods sold for the three months ended in May. 2016 was $474 Mil. Hence, Acuity Brands Inc's days payable for the three months ended in May. 2016 was 68.19.

AYI' s Days Payable Range Over the Past 10 Years
Min: 52.57   Max: 74.17
Current: 72.98

52.57
74.17

During the past 13 years, Acuity Brands Inc's highest Days Payable was 74.17. The lowest was 52.57. And the median was 71.27.

AYI's Days Payable is ranked higher than
69% of the 1840 Companies
in the Global Electronic Components industry.

( Industry Median: 52.84 vs. AYI: 72.98 )

Acuity Brands Inc's days payable declined from May. 2015 (70.98) to May. 2016 (68.19). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=311.1/1561.1*365
=72.74

Acuity Brands Inc's Days Payable for the quarter that ended in May. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=353.9/473.6*365 / 4
=68.19

* 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

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
DaysPayable 62.4852.5762.0357.9573.7369.8074.1372.7774.1772.74

Acuity Brands Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysPayable 67.3864.9568.0867.6371.1270.9864.7871.9865.7768.19
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