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Brady Corp (NYSE:BRC)
Days Payable
29.88 (As of Jul. 2014)

Brady Corp's payable for the three months ended in Jul. 2014 was $104 Mil. Brady Corp's revenue for the three months ended in Jul. 2014 was $317 Mil. Hence, Brady Corp's days payable for the three months ended in Jul. 2014 was 29.88.

Brady Corp's days payable increased from Jul. 2013 (28.66) to Jul. 2014 (29.88). It may suggest that Brady Corp 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.

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

Days Payable=Payable/Revenue*Days in Period
=103.986/1225.034*365
=30.98

Brady Corp's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=103.986/316.733*91
=29.88

* 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

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
DaysPayable 23.5628.1624.5428.3327.1933.1640.1137.6830.8430.98

Brady Corp Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 35.1639.3542.2340.1728.1228.6632.7231.0431.3829.88
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