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Monro Muffler Brake Inc (NAS:MNRO)
Days Payable
39.36 (As of Jun. 2016)

Monro Muffler Brake Inc's payable for the three months ended in Jun. 2016 was $59.9 Mil. Monro Muffler Brake Inc's cost of goods sold for the three months ended in Jun. 2016 was $138.8 Mil. Hence, Monro Muffler Brake Inc's days payable for the three months ended in Jun. 2016 was 39.36.

MNRO' s Days Payable Range Over the Past 10 Years
Min: 37.57   Max: 49.06
Current: 39.03

37.57
49.06

During the past 13 years, Monro Muffler Brake Inc's highest Days Payable was 49.06. The lowest was 37.57. And the median was 41.40.

MNRO's Days Payable is ranked lower than
63% of the 900 Companies
in the Global Auto Parts industry.

( Industry Median: 51.06 vs. MNRO: 39.03 )

Monro Muffler Brake Inc's days payable declined from Jun. 2015 (44.73) to Jun. 2016 (39.36). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=69.887/557.948*365
=45.72

Monro Muffler Brake Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=59.876/138.826*365 / 4
=39.36

* 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

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 39.6037.5744.5647.3239.7640.3649.0638.0542.4445.72

Monro Muffler Brake Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 38.5538.9549.1242.1442.3844.7337.6043.4046.5039.36
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