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TAL Education Group (NYSE:XRS)
Days Payable
10.69 (As of Feb. 2016)

TAL Education Group's payable for the three months ended in Feb. 2016 was $10.4 Mil. TAL Education Group's cost of goods sold for the three months ended in Feb. 2016 was $88.8 Mil. Hence, TAL Education Group's days payable for the three months ended in Feb. 2016 was 10.69.

XRS' s Days Payable Range Over the Past 10 Years
Min: 5.66   Max: 12.51
Current: 12.51

5.66
12.51

During the past 8 years, TAL Education Group's highest Days Payable was 12.51. The lowest was 5.66. And the median was 8.46.

XRS's Days Payable is ranked lower than
74% of the 103 Companies
in the Global Education & Training Services industry.

( Industry Median: 22.13 vs. XRS: 12.51 )

TAL Education Group's days payable increased from Feb. 2015 (7.25) to Feb. 2016 (10.69). It may suggest that TAL Education Group delayed 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.

TAL Education Group's Days Payable for the fiscal year that ended in Feb. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.404/303.635*365
=12.51

TAL Education Group's Days Payable for the quarter that ended in Feb. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.404/88.774*365 / 4
=10.69

* 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.

TAL Education Group Annual Data

Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysPayable 0.000.000.009.585.9210.946.345.668.4612.51

TAL Education Group Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
DaysPayable 5.355.267.777.459.837.259.617.359.1510.69
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