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Big Lots Inc (NYSE:BIG)
Days Payable
66.10 (As of Oct. 2015)

Big Lots Inc's payable for the three months ended in Oct. 2015 was $490 Mil. Big Lots Inc's cost of goods sold for the three months ended in Oct. 2015 was $676 Mil. Hence, Big Lots Inc's days payable for the three months ended in Oct. 2015 was 66.10.

BIG' s Days Payable Range Over the Past 10 Years
Min: 22.99   Max: 44.14
Current: 57.14

22.99
44.14

During the past 13 years, Big Lots Inc's highest Days Payable was 44.14. The lowest was 22.99. And the median was 38.95.

BIG's Days Payable is ranked higher than
64% of the 297 Companies
in the Global Discount Stores industry.

( Industry Median: 47.18 vs. BIG: 57.14 )

Big Lots Inc's days payable declined from Oct. 2014 (71.50) to Oct. 2015 (66.10). It may suggest that Big Lots 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.

Big Lots 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
=358.932/3133.124*365
=41.81

Big Lots Inc's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=490.049/676.467*365 / 4
=66.10

* 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.

Big Lots Inc Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
DaysPayable 22.9924.8333.7430.8940.2937.6040.8044.1442.8341.81

Big Lots Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 54.3979.0234.6840.2847.7771.5034.7243.2745.4766.10
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