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Staples Inc (NAS:SPLS)
Days Payable
40.84 (As of Jan. 2015)

Staples Inc's payable for the three months ended in Jan. 2015 was $1,867 Mil. Staples Inc's cost of goods sold for the three months ended in Jan. 2015 was $4,170 Mil. Hence, Staples Inc's days payable for the three months ended in Jan. 2015 was 40.84.

Staples Inc's days payable declined from Jan. 2014 (41.75) to Jan. 2015 (40.84). It may suggest that Staples 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.

Staples Inc's Days Payable for the fiscal year that ended in Jan. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1866.545/16691.324*365
=40.82

Staples Inc's Days Payable for the quarter that ended in Jan. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1866.545/4170.044*365 / 4
=40.84

* 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.

Staples Inc Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
DaysPayable 45.5941.8341.2142.6543.3045.8045.0938.6942.6840.82

Staples Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
DaysPayable 43.0435.6843.6546.9843.3041.7544.9050.6646.0140.84
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