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GuruFocus has detected 3 Warning Signs with Best Buy Co Inc $BBY.
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Best Buy Co Inc (NYSE:BBY)
Days Payable
84.36 (As of Oct. 2016)

Best Buy Co Inc's payable for the three months ended in Oct. 2016 was $6,233 Mil. Best Buy Co Inc's cost of goods sold for the three months ended in Oct. 2016 was $6,742 Mil. Hence, Best Buy Co Inc's days payable for the three months ended in Oct. 2016 was 84.36.

BBY' s Days Payable Range Over the Past 10 Years
Min: 48.01   Max: 86.8
Current: 75.38

48.01
86.8

During the past 13 years, Best Buy Co Inc's highest Days Payable was 86.80. The lowest was 48.01. And the median was 53.58.

BBY's Days Payable is ranked higher than
70% of the 648 Companies
in the Global Specialty Retail industry.

( Industry Median: 51.92 vs. BBY: 75.38 )

Best Buy Co Inc's days payable increased from Oct. 2015 (84.13) to Oct. 2016 (84.36). It may suggest that Best Buy Co 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.

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 Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6233/6742*365 / 4
=84.36

* 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.

Best Buy Co Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Jan13Jan14Jan15Jan16
DaysPayable 52.8651.4653.6251.7748.0156.7986.8059.9058.6753.54

Best Buy Co Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 73.8386.9241.0464.0866.4284.1338.0563.7167.6984.36
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