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Monro Muffler Brake Inc (NAS:MNRO)
Days Payable
23.87 (As of Mar. 2014)

Monro Muffler Brake Inc's payable for the three months ended in Mar. 2014 was $53.3 Mil. Monro Muffler Brake Inc's revenue for the three months ended in Mar. 2014 was $203.2 Mil. Hence, Monro Muffler Brake Inc's days payable for the three months ended in Mar. 2014 was 23.87.

Monro Muffler Brake Inc's days payable declined from Mar. 2013 (28.34) to Mar. 2014 (23.87). It may suggest that Monro Muffler Brake 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.

Monro Muffler Brake Inc's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0/831.432*365
=0.00

Monro Muffler Brake Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=53.321/203.244*91
=23.87

* 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.

Monro Muffler Brake Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysPayable 25.7425.5423.8023.4026.6430.6424.3324.1130.420.00

Monro Muffler Brake Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 25.3024.0329.5425.1325.4928.3428.5726.4625.5323.87
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