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Conn's Inc (NAS:CONN)
Days Payable
43.52 (As of Apr. 2016)

Conn's Inc's payable for the three months ended in Apr. 2016 was $98 Mil. Conn's Inc's cost of goods sold for the three months ended in Apr. 2016 was $204 Mil. Hence, Conn's Inc's days payable for the three months ended in Apr. 2016 was 43.52.

CONN' s Days Payable Range Over the Past 10 Years
Min: 19.89   Max: 55.15
Current: 41.85

19.89
55.15

During the past 13 years, Conn's Inc's highest Days Payable was 55.15. The lowest was 19.89. And the median was 37.56.

CONN's Days Payable is ranked lower than
58% of the 686 Companies
in the Global Specialty Retail industry.

( Industry Median: 48.11 vs. CONN: 41.85 )

Conn's Inc's days payable declined from Apr. 2015 (43.87) to Apr. 2016 (43.52). It may suggest that Conn's Inc 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.

Conn's Inc's Days Payable for the fiscal year that ended in Jan. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=86.797/833.126*365
=38.03

Conn's Inc's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=97.515/204.466*365 / 4
=43.52

* 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.

Conn's Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 37.0919.8935.7626.7742.8834.7955.1550.9140.0938.03

Conn's Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 35.2161.7947.6543.3834.5843.8747.4662.7032.9143.52
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