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Best Buy Co Inc (NYSE:BBY)
Days Payable
63.71 (As of Apr. 2016)

Best Buy Co Inc's payable for the three months ended in Apr. 2016 was $4,397 Mil. Best Buy Co Inc's cost of goods sold for the three months ended in Apr. 2016 was $6,298 Mil. Hence, Best Buy Co Inc's days payable for the three months ended in Apr. 2016 was 63.71.

BBY' s Days Payable Range Over the Past 10 Years
Min: 47.46   Max: 58.67
Current: 53.31

47.46
58.67

During the past 13 years, Best Buy Co Inc's highest Days Payable was 58.67. The lowest was 47.46. And the median was 52.16.

BBY's Days Payable is ranked higher than
56% of the 684 Companies
in the Global Specialty Retail industry.

( Industry Median: 48.27 vs. BBY: 53.31 )

Best Buy Co Inc's days payable declined from Apr. 2015 (64.08) to Apr. 2016 (63.71). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4450/30337*365
=53.54

Best Buy Co Inc's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4397/6298*365 / 4
=63.71

* 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

Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14Jan15Jan16
DaysPayable 51.0552.8651.4653.6251.3147.4651.3457.1458.6753.54

Best Buy Co Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 46.5367.7373.8386.9241.0464.0866.4284.1338.0563.71
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