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PetSmart Inc's accounts payable for the three months ended in Oct. 2014 was $281 Mil. PetSmart Inc's cost of goods sold for the three months ended in Oct. 2014 was $1,227 Mil. Hence, PetSmart Inc's days accounts payable for the three months ended in Oct. 2014 was 20.90.
PetSmart Inc's days accounts payable increased from Oct. 2013 (18.45) to Oct. 2014 (20.90). It may suggest that PetSmart Inc delayed paying its suppliers.
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.
PetSmart Inc's Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as
PetSmart Inc's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
PetSmart Inc Annual Data
|Days Accts Payable||20.43||21.95||25.37||21.88||19.90||20.28||15.25||16.87||15.71||19.41|
PetSmart Inc Quarterly Data
|Days Accts Payable||20.02||21.22||14.34||19.91||19.04||18.45||18.80||18.59||18.55||20.90|