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Acuity Brands Inc (NYSE:AYI)
Days Payable
71.13 (As of Feb. 2017)

Acuity Brands Inc's payable for the three months ended in Feb. 2017 was $366 Mil. Acuity Brands Inc's cost of goods sold for the three months ended in Feb. 2017 was $469 Mil. Hence, Acuity Brands Inc's days payable for the three months ended in Feb. 2017 was 71.13.

AYI' s Days Payable Range Over the Past 10 Years
Min: 52.57   Max: 78.9
Current: 68.15

52.57
78.9

During the past 13 years, Acuity Brands Inc's highest Days Payable was 78.90. The lowest was 52.57. And the median was 72.76.

AYI's Days Payable is ranked higher than
63% of the 1756 Companies
in the Global Electronic Components industry.

( Industry Median: 60.05 vs. AYI: 68.15 )

Acuity Brands Inc's days payable increased from Feb. 2016 (65.77) to Feb. 2017 (71.13). It may suggest that Acuity Brands Inc 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.

Acuity Brands Inc's Days Payable for the fiscal year that ended in Aug. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=401/1855.1*365
=78.90

Acuity Brands Inc's Days Payable for the quarter that ended in Feb. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=365.5/468.9*365 / 4
=71.13

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Acuity Brands Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
DaysPayable 52.5762.0357.9573.7369.8074.1372.7774.1772.7478.90

Acuity Brands Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
DaysPayable 67.6371.1270.9864.7871.9865.7768.1969.9172.5671.13
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