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AutoZone Inc (NYSE:AZO)
Days Payable
334.69 (As of Feb. 2016)

AutoZone Inc's payable for the three months ended in Feb. 2016 was $3,912 Mil. AutoZone Inc's cost of goods sold for the three months ended in Feb. 2016 was $1,067 Mil. Hence, AutoZone Inc's days payable for the three months ended in Feb. 2016 was 334.69.

AZO' s Days Payable Range Over the Past 10 Years
Min: 206.12   Max: 290.19
Current: 288.31

206.12
290.19

During the past 13 years, AutoZone Inc's highest Days Payable was 290.19. The lowest was 206.12. And the median was 248.84.

AZO's Days Payable is ranked higher than
97% of the 715 Companies
in the Global Specialty Retail industry.

( Industry Median: 49.39 vs. AZO: 288.31 )

AutoZone Inc's days payable increased from Feb. 2015 (331.31) to Feb. 2016 (334.69). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3864.168/4860.309*365
=290.19

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3912.107/1066.596*365 / 4
=334.69

* 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.

AutoZone Inc Annual Data

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
DaysPayable 206.12219.86229.15227.43243.25254.43256.07273.96290.14290.19

AutoZone Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
DaysPayable 308.48332.83290.07226.43310.80331.31294.79225.62313.25334.69
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