Switch to:
Brady Corp (NYSE:BRC)
Days Payable
46.16 (As of Oct. 2015)

Brady Corp's payable for the three months ended in Oct. 2015 was $73 Mil. Brady Corp's cost of goods sold for the three months ended in Oct. 2015 was $144 Mil. Hence, Brady Corp's days payable for the three months ended in Oct. 2015 was 46.16.

BRC' s Days Payable Range Over the Past 10 Years
Min: 43.46   Max: 76.54
Current: 44.45

43.46
76.54

During the past 13 years, Brady Corp's highest Days Payable was 76.54. The lowest was 43.46. And the median was 55.16.

BRC's Days Payable is ranked lower than
57% of the 178 Companies
in the Global Security & Protection Services industry.

( Industry Median: 53.26 vs. BRC: 44.45 )

Brady Corp's days payable declined from Oct. 2014 (48.00) to Oct. 2015 (46.16). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=73.02/613.299*365
=43.46

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=72.703/143.724*365 / 4
=46.16

* 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

Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15
DaysPayable 58.2247.3855.4048.4655.5176.5466.0154.9252.2543.46

Brady Corp Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 49.3056.1153.3551.7149.4248.0046.8544.5141.7646.16
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK