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Brady Corp (NYSE:BRC)
Days Payable
40.28 (As of Jul. 2016)

Brady Corp's payable for the three months ended in Jul. 2016 was $62 Mil. Brady Corp's cost of goods sold for the three months ended in Jul. 2016 was $141 Mil. Hence, Brady Corp's days payable for the three months ended in Jul. 2016 was 40.28.

BRC' s Days Payable Range Over the Past 10 Years
Min: 40.44   Max: 55.51
Current: 40.44

40.44
55.51

During the past 13 years, Brady Corp's highest Days Payable was 55.51. The lowest was 40.44. And the median was 50.36.

BRC's Days Payable is ranked lower than
59% of the 172 Companies
in the Global Security & Protection Services industry.

( Industry Median: 50.43 vs. BRC: 40.44 )

Brady Corp's days payable declined from Jul. 2015 (41.76) to Jul. 2016 (40.28). 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 Jul. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=62.245/561.852*365
=40.44

Brady Corp's Days Payable for the quarter that ended in Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=62.245/141.017*365 / 4
=40.28

* 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

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysPayable 47.3855.4048.4655.5152.7945.9755.1652.2543.4640.44

Brady Corp Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 51.7149.4248.0046.8544.5141.7646.1644.5041.5940.28
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