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Tiffany & Co (NYSE:TIF)
Days Payable
2.60 (As of Jul. 2014)

Tiffany & Co's payable for the three months ended in Jul. 2014 was $28 Mil. Tiffany & Co's revenue for the three months ended in Jul. 2014 was $993 Mil. Hence, Tiffany & Co's days payable for the three months ended in Jul. 2014 was 2.60.

Tiffany & Co's days payable declined from Jul. 2013 (3.61) to Jul. 2014 (2.60). It may suggest that Tiffany & Co 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.

Tiffany & Co's Days Payable for the fiscal year that ended in Jan. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=148.577/4031.13*365
=13.45

Tiffany & Co's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=28.374/992.93*91
=2.60

* 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.

Tiffany & Co Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysPayable 30.7931.9818.9725.293.549.096.5917.4514.6813.45

Tiffany & Co Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 3.552.761.9211.243.133.611.6210.412.352.60
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