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Regis Corp's accounts payable for the three months ended in Sep. 2014 was $71 Mil. Regis Corp's cost of goods sold for the three months ended in Sep. 2014 was $269 Mil. Hence, Regis Corp's days accounts payable for the three months ended in Sep. 2014 was 24.21.
Regis Corp's days accounts payable increased from Sep. 2013 (22.27) to Sep. 2014 (24.21). It may suggest that Regis Corp 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.
Regis Corp's Days Accounts Payable for the fiscal year that ended in Jun. 2014 is calculated as
Regis Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Regis Corp Annual Data
|Days Accts Payable||17.27||17.24||19.50||17.11||17.15||16.45||15.93||14.91||20.80||22.84|
Regis Corp Quarterly Data
|Days Accts Payable||14.91||20.26||18.70||21.49||20.32||22.27||18.11||20.90||22.39||24.21|