Switch to:
Monro Inc  (NAS:MNRO) Days Payable: 50.47 (As of Jun. 2017)

Monro Inc's payable for the three months ended in Jun. 2017 was $92 Mil. Monro Inc's Cost of Goods Sold for the three months ended in Jun. 2017 was $166 Mil. Hence, Monro Inc's days payable for the three months ended in Jun. 2017 was 50.47.

NAS:MNRO' s Days Payable Range Over the Past 10 Years
Min: 37.57   Max: 51
Current: 51

37.57
51

During the past 13 years, Monro Inc's highest Days Payable was 51.00. The lowest was 37.57. And the median was 43.50.

NAS:MNRO's Days Payable is ranked lower than
62% of the 997 Companies
in the Global industry.

( Industry Median: 57.71 vs. NAS:MNRO: 51.00 )

Monro Inc's days payable increased from Jun. 2016 (39.82) to Jun. 2017 (50.47). It may suggest that Monro Inc delayed 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.

Monro Inc Annual Data

Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.06 38.05 42.44 45.72 46.45

Monro Inc Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 39.82 46.77 40.69 45.68 50.47

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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=79.492/624.622*365
=46.45

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=91.605/165.607*365 / 4
=50.47

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


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK