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Lowe's Companies Inc (NYSE:LOW)
Days Payable
42.43 (As of Jan. 2014)

Lowe's Companies Inc's payable for the three months ended in Jan. 2014 was $5,437 Mil. Lowe's Companies Inc's revenue for the three months ended in Jan. 2014 was $11,660 Mil. Hence, Lowe's Companies Inc's days payable for the three months ended in Jan. 2014 was 42.43.

Lowe's Companies Inc's days payable increased from Jan. 2013 (41.61) to Jan. 2014 (42.43). It may suggest that Lowe's Companies 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.

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

Days Payable=Payable/Revenue*Days in Period
=5437/53417*365
=37.15

Lowe's Companies Inc's Days Payable for the quarter that ended in Jan. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=5437/11660*91
=42.43

* 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.

Lowe's Companies Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysPayable 26.9023.9027.4128.0731.1033.1432.5334.7936.4937.15

Lowe's Companies Inc Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysPayable 40.2537.4548.2732.4740.8241.6148.9632.8140.5742.43
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