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Brady Corp's accounts payable for the three months ended in Oct. 2014 was $84 Mil. Brady Corp's cost of goods sold for the three months ended in Oct. 2014 was $160 Mil. Hence, Brady Corp's days accounts payable for the three months ended in Oct. 2014 was 48.00.
Brady Corp's days accounts payable declined from Oct. 2013 (56.36) to Oct. 2014 (48.00). It may suggest that Brady Corp accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Brady Corp's Days Accounts Payable for the fiscal year that ended in Jul. 2014 is calculated as
Brady Corp's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Brady Corp Annual Data
|Days Accts Payable||50.20||58.22||47.38||55.40||48.46||55.51||52.79||45.97||55.16||52.25|
Brady Corp Quarterly Data
|Days Accts Payable||47.22||55.56||54.08||46.99||52.97||56.36||53.35||51.71||49.42||48.00|