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Express, Inc. (NYSE:EXPR)
Days Payable
27.08 (As of Jan. 2016)

Express, Inc.'s payable for the three months ended in Jan. 2016 was $150 Mil. Express, Inc.'s cost of goods sold for the three months ended in Jan. 2016 was $505 Mil. Hence, Express, Inc.'s days payable for the three months ended in Jan. 2016 was 27.08.

EXPR' s Days Payable Range Over the Past 10 Years
Min: 25.53   Max: 49.24
Current: 35.19

25.53
49.24

During the past 9 years, Express, Inc.'s highest Days Payable was 49.24. The lowest was 25.53. And the median was 37.62.

EXPR's Days Payable is ranked lower than
72% of the 716 Companies
in the Global Apparel Stores industry.

( Industry Median: 50.86 vs. EXPR: 35.19 )

Express, Inc.'s days payable declined from Jan. 2015 (28.30) to Jan. 2016 (27.08). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=149.884/1554.852*365
=35.19

Express, Inc.'s Days Payable for the quarter that ended in Jan. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=149.884/504.999*365 / 4
=27.08

* 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

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 0.0049.2442.0446.8825.5334.4945.4437.6237.3035.19

Express, Inc. Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
DaysPayable 66.0129.0142.8644.6060.7228.3042.8545.6153.8727.08
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