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Pep Boys - Manny Moe & Jack (NYSE:PBY)
Days Accounts Payable
49.87 (As of Jul. 2014)

Pep Boys - Manny Moe & Jack's accounts payable for the three months ended in Jul. 2014 was $219 Mil. Pep Boys - Manny Moe & Jack's cost of goods sold for the three months ended in Jul. 2014 was $401 Mil. Hence, Pep Boys - Manny Moe & Jack's days accounts payable for the three months ended in Jul. 2014 was 49.87.

Pep Boys - Manny Moe & Jack's days accounts payable declined from Jul. 2013 (53.19) to Jul. 2014 (49.87). It may suggest that Pep Boys - Manny Moe & Jack accelerated paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Pep Boys - Manny Moe & Jack's Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=256.031/1579.191*365
=59.18

Pep Boys - Manny Moe & Jack's Days Accounts Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=219.423/401.476*365 / 4
=49.87

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Pep Boys - Manny Moe & Jack Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Days Accts Payable 68.7755.4659.9954.2353.0052.0052.3857.2455.8559.18

Pep Boys - Manny Moe & Jack Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Days Accts Payable 60.1956.9459.8753.9854.0053.1960.2859.6455.7349.87
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