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Brady Corp (NYSE:BRC)
Days Payable
44.51 (As of Apr. 2015)

Brady Corp's payable for the three months ended in Apr. 2015 was $73 Mil. Brady Corp's cost of goods sold for the three months ended in Apr. 2015 was $149 Mil. Hence, Brady Corp's days payable for the three months ended in Apr. 2015 was 44.51.

Brady Corp's days payable declined from Apr. 2014 (51.71) to Apr. 2015 (44.51). It may suggest that Brady Corp 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.

Brady Corp's Days Payable for the fiscal year that ended in Jan. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/591.729*365
=0.00

Brady Corp's Days Payable for the quarter that ended in Apr. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=72.792/149.228*365 / 4
=44.51

* 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.

Brady Corp Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysPayable 0.000.000.000.000.000.000.000.000.000.00

Brady Corp Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
DaysPayable 71.9947.9649.3056.1153.3551.7149.4248.0046.8544.51
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