Switch to:
GuruFocus has detected 2 Warning Signs with JC Penney Co Inc $JCP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
JC Penney Co Inc (NYSE:JCP)
Days Payable
33.65 (As of Jan. 2017)

JC Penney Co Inc's payable for the three months ended in Jan. 2017 was $977 Mil. JC Penney Co Inc's cost of goods sold for the three months ended in Jan. 2017 was $2,649 Mil. Hence, JC Penney Co Inc's days payable for the three months ended in Jan. 2017 was 33.65.

JCP' s Days Payable Range Over the Past 10 Years
Min: 33.78   Max: 47.55
Current: 44.18

33.78
47.55

During the past 13 years, JC Penney Co Inc's highest Days Payable was 47.55. The lowest was 33.78. And the median was 42.81.

JCP's Days Payable is ranked lower than
61% of the 606 Companies
in the Global Department Stores industry.

( Industry Median: 53.19 vs. JCP: 44.18 )

JC Penney Co Inc's days payable increased from Jan. 2016 (32.06) to Jan. 2017 (33.65). It may suggest that JC Penney Co Inc delayed 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.

JC Penney Co Inc's Days Payable for the fiscal year that ended in Jan. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=977/8071*365
=44.18

JC Penney Co Inc's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=977/2649*365 / 4
=33.65

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

JC Penney Co Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysPayable 44.0843.5942.0338.2933.7847.5541.3645.5141.8244.18

JC Penney Co Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 67.1735.2853.4156.5673.0532.0650.6454.4375.9033.65
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)
FEEDBACK