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AutoZone Inc (NYSE:AZO)
Days Payable
233.01 (As of Aug. 2016)

AutoZone Inc's payable for the three months ended in Aug. 2016 was $4,096 Mil. AutoZone Inc's cost of goods sold for the three months ended in Aug. 2016 was $1,604 Mil. Hence, AutoZone Inc's days payable for the three months ended in Aug. 2016 was 233.01.

AZO' s Days Payable Range Over the Past 10 Years
Min: 219.86   Max: 300.24
Current: 300.24

219.86
300.24

During the past 13 years, AutoZone Inc's highest Days Payable was 300.24. The lowest was 219.86. And the median was 255.25.

AZO's Days Payable is ranked higher than
96% of the 653 Companies
in the Global Specialty Retail industry.

( Industry Median: 52.13 vs. AZO: 300.24 )

AutoZone Inc's days payable increased from Aug. 2015 (225.62) to Aug. 2016 (233.01). It may suggest that AutoZone 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.

AutoZone Inc's Days Payable for the fiscal year that ended in Aug. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4095.854/5026.94*365
=297.39

AutoZone Inc's Days Payable for the quarter that ended in Aug. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4095.854/1604.021*365 / 4
=233.01

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

AutoZone Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
DaysPayable 219.86229.15227.43243.25254.43256.07273.96290.14290.19297.39

AutoZone Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
DaysPayable 290.07226.43310.80331.31294.79225.62313.25334.69297.73233.01
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