Switch to:
Monro Muffler Brake Inc (NAS:MNRO)
Days Payable
37.60 (As of Sep. 2015)

Monro Muffler Brake Inc's payable for the three months ended in Sep. 2015 was $57.0 Mil. Monro Muffler Brake Inc's cost of goods sold for the three months ended in Sep. 2015 was $138.4 Mil. Hence, Monro Muffler Brake Inc's days payable for the three months ended in Sep. 2015 was 37.60.

MNRO' s Days Payable Range Over the Past 10 Years
Min: 37.57   Max: 49.06
Current: 45.43

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
60% of the 996 Companies
in the Global Auto Parts industry.

( Industry Median: 53.01 vs. MNRO: 45.43 )

Monro Muffler Brake Inc's days payable declined from Sep. 2014 (49.12) to Sep. 2015 (37.60). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=62.92/541.142*365
=42.44

Monro Muffler Brake Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=57.048/138.43*365 / 4
=37.60

* 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

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
DaysPayable 42.6339.6037.5744.5647.3239.7640.3649.0638.0542.44

Monro Muffler Brake Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 44.0940.8438.5538.9549.1242.1442.3844.7337.6043.40
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)

GuruFocus Premium Plus Membership

FEEDBACK