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Lowe's Companies Inc (NYSE:LOW)
Days Payable
276.82 (As of Oct. 2016)

Lowe's Companies Inc's payable for the six months ended in Oct. 2016 was $7,836 Mil. Lowe's Companies Inc's cost of goods sold for the six months ended in Oct. 2016 was $10,332 Mil. Hence, Lowe's Companies Inc's days payable for the six months ended in Oct. 2016 was 138.41.

LOW' s Days Payable Range Over the Past 10 Years
Min: 41.86   Max: 70.02
Current: 70.02

41.86
70.02

During the past 13 years, Lowe's Companies Inc's highest Days Payable was 70.02. The lowest was 41.86. And the median was 50.52.

LOW's Days Payable is ranked higher than
67% of the 653 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 52.13 vs. LOW: 70.02 )

Lowe's Companies Inc's days payable declined from Apr. 2016 (325.32) to Oct. 2016 (276.82). It may suggest that Lowe's Companies 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.

Lowe's Companies 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
=5633/38504*365
=53.40

Lowe's Companies Inc's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7836/10332*365 / 2
=138.41

* 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.

Lowe's Companies Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 41.8642.9547.2750.8750.1648.3451.2152.3151.0153.40

Lowe's Companies Inc Semi-Annual Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 208.00263.03228.25321.20228.72285.85237.75325.32234.63276.82
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