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Best Buy Co Inc (NYSE:BBY)
Days Payable
83.37 (As of Oct. 2014)

Best Buy Co Inc's payable for the three months ended in Oct. 2014 was $6,626 Mil. Best Buy Co Inc's cost of goods sold for the three months ended in Oct. 2014 was $7,252 Mil. Hence, Best Buy Co Inc's days payable for the three months ended in Oct. 2014 was 83.37.

Best Buy Co Inc's days payable declined from Oct. 2013 (83.72) to Oct. 2014 (83.37). 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5122/32720*365
=57.14

Best Buy Co Inc's Days Payable for the quarter that ended in Oct. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6626/7252*365 / 4
=83.37

* 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

Feb04Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14
DaysPayable 48.0849.2351.0552.8651.4653.6251.3147.4651.3457.14

Best Buy Co Inc Quarterly Data

Apr12Jul12Oct12Apr13Jul13Oct13Jan14Apr14Jul14Oct14
DaysPayable 60.0969.2188.6460.6266.5983.7240.4664.4169.9583.37
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