Switch to:
GuruFocus has detected 2 Warning Signs with Dick's Sporting Goods Inc $DKS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Dick's Sporting Goods Inc (NYSE:DKS)
Days Payable
39.09 (As of Jan. 2017)

Dick's Sporting Goods Inc's payable for the three months ended in Jan. 2017 was $756 Mil. Dick's Sporting Goods Inc's cost of goods sold for the three months ended in Jan. 2017 was $1,764 Mil. Hence, Dick's Sporting Goods Inc's days payable for the three months ended in Jan. 2017 was 39.09.

DKS' s Days Payable Range Over the Past 10 Years
Min: 37.06   Max: 51.51
Current: 49.63

37.06
51.51

During the past 13 years, Dick's Sporting Goods Inc's highest Days Payable was 51.51. The lowest was 37.06. And the median was 48.36.

DKS's Days Payable is ranked lower than
55% of the 591 Companies
in the Global Specialty Retail industry.

( Industry Median: 53.84 vs. DKS: 49.63 )

Dick's Sporting Goods Inc's days payable declined from Jan. 2016 (39.45) to Jan. 2017 (39.09). It may suggest that Dick's Sporting Goods 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.

Dick's Sporting Goods Inc's Days Payable for the fiscal year that ended in Jan. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=755.537/5556.198*365
=49.63

Dick's Sporting Goods Inc's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=755.537/1763.669*365 / 4
=39.09

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Dick's Sporting Goods Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysPayable 48.8937.0649.2747.6251.5146.3048.0947.4448.6349.63

Dick's Sporting Goods Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 70.2138.1864.7456.3474.4739.4561.0452.6174.8639.09
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)
FEEDBACK