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Best Buy Co Inc (NYSE:BBY)
Days Payable
45.07 (As of Jan. 2015)

Best Buy Co Inc's payable for the three months ended in Jan. 2015 was $5,030 Mil. Best Buy Co Inc's cost of goods sold for the three months ended in Jan. 2015 was $10,184 Mil. Hence, Best Buy Co Inc's days payable for the three months ended in Jan. 2015 was 45.07.

Best Buy Co Inc's days payable declined from Jan. 2014 (46.53) to Jan. 2015 (45.07). It may suggest that Best Buy Co 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.

Best Buy Co Inc's Days Payable for the fiscal year that ended in Jan. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5030/31292*365
=58.67

Best Buy Co Inc's Days Payable for the quarter that ended in Jan. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5030/10184*365 / 4
=45.07

* 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.

Best Buy Co Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14Jan15
DaysPayable 49.2351.0552.8651.4653.6251.3148.0151.3459.9058.67

Best Buy Co Inc Quarterly Data

Jul12Oct12Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
DaysPayable 69.21101.2060.6266.5983.7246.5364.4169.9583.3745.07
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