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GuruFocus has detected 4 Warning Signs with Express, Inc. $EXPR.
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Express, Inc. (NYSE:EXPR)
Days Payable
53.07 (As of Apr. 2017)

Express, Inc.'s payable for the three months ended in Apr. 2017 was $198 Mil. Express, Inc.'s cost of goods sold for the three months ended in Apr. 2017 was $340 Mil. Hence, Express, Inc.'s days payable for the three months ended in Apr. 2017 was 53.07.

EXPR' s Days Payable Range Over the Past 10 Years
Min: 25.53   Max: 49.24
Current: 47.05

25.53
49.24

During the past 10 years, Express, Inc.'s highest Days Payable was 49.24. The lowest was 25.53. And the median was 39.42.

EXPR's Days Payable is ranked lower than
53% of the 701 Companies
in the Global Apparel Stores industry.

( Industry Median: 50.04 vs. EXPR: 47.05 )

Express, Inc.'s days payable increased from Apr. 2016 (39.75) to Apr. 2017 (53.07). It may suggest that Express, 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.

Express, Inc.'s Days Payable for the fiscal year that ended in Jan. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=172.668/1529.343*365
=41.21

Express, Inc.'s Days Payable for the quarter that ended in Apr. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=197.751/340.031*365 / 4
=53.07

* 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.

Express, Inc. Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysPayable 49.2442.0446.8825.5334.4945.4437.6237.3035.1941.21

Express, Inc. Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysPayable 28.3042.8545.6153.8727.0839.7541.8957.3732.4253.07
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