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AutoZone Inc  (NYSE:AZO) Days Payable: 229.38 (As of Aug. 2017)

AutoZone Inc's payable for the three months ended in Aug. 2017 was $4,169 Mil. AutoZone Inc's Cost of Goods Sold for the three months ended in Aug. 2017 was $1,658 Mil. Hence, AutoZone Inc's days payable for the three months ended in Aug. 2017 was 229.38.

NYSE:AZO' s Days Payable Range Over the Past 10 Years
Min: 227.43   Max: 297.39
Current: 295.52

227.43
297.39

During the past 13 years, AutoZone Inc's highest Days Payable was 297.39. The lowest was 227.43. And the median was 265.02.

NYSE:AZO's Days Payable is ranked higher than
97% of the 714 Companies
in the Global industry.

( Industry Median: 49.16 vs. NYSE:AZO: 295.52 )

AutoZone Inc's days payable declined from Aug. 2016 (233.01) to Aug. 2017 (229.38). It may suggest that AutoZone Inc accelerated paying its suppliers.


Historical Data

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

* Premium members only.

AutoZone Inc Annual Data

Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 273.96 290.14 290.19 297.39 295.52

AutoZone Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 233.01 325.65 346.49 304.56 229.38

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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.

AutoZone Inc's Days Payable for the fiscal year that ended in Aug. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4168.94/5149.056*365
=295.52

AutoZone Inc's Days Payable for the quarter that ended in Aug. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4168.94/1658.481*365 / 4
=229.38

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


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