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Family Dollar Stores Inc (NYSE:FDO)
Days Payable
40.24 (As of Aug. 2014)

Family Dollar Stores Inc's payable for the three months ended in Aug. 2014 was $773 Mil. Family Dollar Stores Inc's cost of goods sold for the three months ended in Aug. 2014 was $1,753 Mil. Hence, Family Dollar Stores Inc's days payable for the three months ended in Aug. 2014 was 40.24.

Family Dollar Stores Inc's days payable declined from Aug. 2013 (40.39) to Aug. 2014 (40.24). It may suggest that Family Dollar Stores 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.

Family Dollar Stores Inc's Days Payable for the fiscal year that ended in Aug. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=773.021/6958.045*365
=40.55

Family Dollar Stores Inc's Days Payable for the quarter that ended in Aug. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=773.021/1752.757*365 / 4
=40.24

* 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.

Family Dollar Stores Inc Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
DaysPayable 53.6847.5052.1144.9139.9748.8445.3440.5338.6140.55

Family Dollar Stores Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 41.8939.3343.0434.8636.9240.3942.0837.5135.2940.24
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