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Dick's Sporting Goods, Inc. (NYSE:DKS)
Days Payable
31.04 (As of Jan. 2014)

Dick's Sporting Goods, Inc.'s payable for the three months ended in Jan. 2014 was $664 Mil. Dick's Sporting Goods, Inc.'s revenue for the three months ended in Jan. 2014 was $1,947 Mil. Hence, Dick's Sporting Goods, Inc.'s days payable for the three months ended in Jan. 2014 was 31.04.

Dick's Sporting Goods, Inc.'s days payable declined from Jan. 2013 (33.04) to Jan. 2014 (31.04). 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. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=664.242/6213.173*365
=39.02

Dick's Sporting Goods, Inc.'s Days Payable for the quarter that ended in Jan. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=664.242/1947.418*91
=31.04

* 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.

Dick's Sporting Goods, Inc. Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysPayable 36.6335.2333.6034.3326.6336.4033.4643.5040.9939.02

Dick's Sporting Goods, Inc. Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysPayable 51.1535.0748.4735.5446.1633.0446.2036.3147.9631.04
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