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GuruFocus has detected 4 Warning Signs with Big Lots Inc $BIG.
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Big Lots Inc (NYSE:BIG)
Days Payable
39.47 (As of Jan. 2017)

Big Lots Inc's payable for the three months ended in Jan. 2017 was $400 Mil. Big Lots Inc's cost of goods sold for the three months ended in Jan. 2017 was $926 Mil. Hence, Big Lots Inc's days payable for the three months ended in Jan. 2017 was 39.47.

BIG' s Days Payable Range Over the Past 10 Years
Min: 30.89   Max: 47.14
Current: 47.14

30.89
47.14

During the past 13 years, Big Lots Inc's highest Days Payable was 47.14. The lowest was 30.89. And the median was 41.54.

BIG's Days Payable is ranked higher than
50% of the 253 Companies
in the Global Discount Stores industry.

( Industry Median: 47.14 vs. BIG: 47.14 )

Big Lots Inc's days payable increased from Jan. 2016 (37.24) to Jan. 2017 (39.47). It may suggest that Big Lots 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.

Big Lots Inc's Days Payable for the fiscal year that ended in Jan. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=400.495/3101.02*365
=47.14

Big Lots Inc's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=400.495/925.888*365 / 4
=39.47

* 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.

Big Lots Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysPayable 33.7430.8940.2937.6041.2745.5042.8341.8144.6747.14

Big Lots Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 71.5034.7243.2745.4766.1037.2441.7249.1069.2639.47
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