Big Lots (Big Lots) Days Payable : 37.45 (As of Jan. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Big Lots Days Payable?

Big Lots's average Accounts Payable for the three months ended in Jan. 2024 was $364 Mil. Big Lots's Cost of Goods Sold for the three months ended in Jan. 2024 was $888 Mil. Hence, Big Lots's Days Payable for the three months ended in Jan. 2024 was 37.45.

The historical rank and industry rank for Big Lots's Days Payable or its related term are showing as below:

BIG' s Days Payable Range Over the Past 10 Years
Min: 38.29 Med: 44.02 Max: 51.81
Current: 43.43

During the past 13 years, Big Lots's highest Days Payable was 51.81. The lowest was 38.29. And the median was 44.02.

BIG's Days Payable is ranked worse than
51.13% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs BIG: 43.43

Big Lots's Days Payable declined from Jan. 2023 (41.97) to Jan. 2024 (37.45). It may suggest that Big Lots accelerated paying its suppliers.

Big Lots Days Payable Historical Data

The historical data trend for Big Lots's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Big Lots Days Payable Chart

Big Lots Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

Get a 7-Day Free Trial

44.09

38.29

47.94

51.81

44.63

Big Lots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															41.97	46.09	39.16	52.19	37.45

Competitive Comparison of Big Lots's Days Payable

For the Discount Stores subindustry, Big Lots's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Big Lots's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Big Lots's Days Payable distribution charts can be found below:

* The bar in red indicates where Big Lots's Days Payable falls into.

Big Lots Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Big Lots's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (421.68	+	320.682)	/	2 )	/	3035.488	*	365
=	371.181					/	3035.488	*	365
=	44.63

Big Lots's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (408.273	+	320.682)	/	2 )	/	888.041	*	365 / 4
=	364.4775					/	888.041	*	365 / 4
=	37.45

Big Lots Days Payable Related Terms

Thank you for viewing the detailed overview of Big Lots's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Big Lots (Big Lots) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Big Lots Inc (NYSE:BIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4B3:Germany 4B3:Germany

Address

4900 East Dublin-Granville Road, Columbus, OH, USA, 43081

Website

https://www.biglots.com

Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.

Executives

Christopher J Mccormick	director	669 HALYARD LANE, LONGBOAT KEY FL 34228
Sebastian Digrande	director	2 FOLSOM STREET, SAN FRANCISCO CA 94105
Michael Allen Schlonsky	officer: Senior Vice President	300 PHILLIPI ROAD, COLUMBUS OH 43228
Robins Ronald A Jr	officer: Senior Vice President	6301 FITCH PATH, NEW ALBANY OH 43054
Bruce K Thorn	director, officer: CEO & President	15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Margarita Giannantonio	officer: Executive Vice President	4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Nicholas E Padovano	officer: Senior Vice President	4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Gurmeet Singh	officer: Executive Vice President	2 FOLSOM ST, SAN FRANCISCO CA 94105
Sandra Yvette Campos	director	4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Kimberley Alexis Newton	director	4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
James R Chambers	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, SUITE 110, PARSIPPANY NJ 07054
Cynthia T Jamison	director	TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Gene Eddie Burt	officer: Executive Vice President	19601 N 27TH AVE, PHOENIX AZ 85027
Wendy Lee Schoppert	director	6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Jack Anthony Pestello	officer: Executive Vice President	4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081