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Copart Inc  (NAS:CPRT) Days Payable: 30.76 (As of Jul. 2017)

Copart Inc's payable for the three months ended in Jul. 2017 was $71 Mil. Copart Inc's Cost of Goods Sold for the three months ended in Jul. 2017 was $211 Mil. Hence, Copart Inc's days payable for the three months ended in Jul. 2017 was 30.76.

NAS:CPRT' s Days Payable Range Over the Past 10 Years
Min: 31.68   Max: 70.13
Current: 31.83

31.68
70.13

During the past 13 years, Copart Inc's highest Days Payable was 70.13. The lowest was 31.68. And the median was 38.46.

NAS:CPRT's Days Payable is ranked lower than
77% of the 1026 Companies
in the Global industry.

( Industry Median: 56.26 vs. NAS:CPRT: 31.83 )

Copart Inc's days payable declined from Jul. 2016 (36.73) to Jul. 2017 (30.76). It may suggest that Copart 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.

Copart Inc Annual Data

Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.18 32.68 31.68 38.80 31.83

Copart Inc Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 36.73 0.00 0.00 0.00 30.76

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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=71.16/815.953*365
=31.83

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=71.16/211.131*365 / 4
=30.76

* 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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