Switch to:
Express, Inc. (NYSE:EXPR)
Days Payable
60.72 (As of Oct. 2014)

Express, Inc.'s payable for the three months ended in Oct. 2014 was $226 Mil. Express, Inc.'s cost of goods sold for the three months ended in Oct. 2014 was $340 Mil. Hence, Express, Inc.'s days payable for the three months ended in Oct. 2014 was 60.72.

Express, Inc.'s days payable declined from Oct. 2013 (66.01) to Oct. 2014 (60.72). It may suggest that Express, 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.

Express, Inc.'s Days Payable for the fiscal year that ended in Jan. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=154.736/1501.418*365
=37.62

Express, Inc.'s Days Payable for the quarter that ended in Oct. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=226.291/340.05*365 / 4
=60.72

* 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.

Express, Inc. Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysPayable 0.000.000.0049.2442.0446.8825.5337.0045.4437.62

Express, Inc. Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
DaysPayable 47.8859.7233.3442.6953.2766.0129.0142.8644.6060.72
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)
Free 7-day Trial
FEEDBACK