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Dollar Tree Stores Inc's accounts payable for the three months ended in Oct. 2014 was $545 Mil. Dollar Tree Stores Inc's cost of goods sold for the three months ended in Oct. 2014 was $1,370 Mil. Hence, Dollar Tree Stores Inc's days accounts payable for the three months ended in Oct. 2014 was 36.30.
Dollar Tree Stores Inc's days accounts payable declined from Oct. 2013 (39.22) to Oct. 2014 (36.30). It may suggest that Dollar Tree Stores Inc accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Dollar Tree Stores Inc's Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as
Dollar Tree Stores Inc's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:
Dollar Tree Stores Inc Annual Data
|Days Accts Payable||22.51||22.27||26.44||26.30||23.06||23.79||25.14||24.61||26.67||28.47|
Dollar Tree Stores Inc Quarterly Data
|Days Accts Payable||29.10||34.19||22.67||29.61||31.68||39.22||25.50||31.29||35.78||36.30|