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Advance Auto Parts Inc  (NYSE:AAP) Days Payable: 181.51 (As of Apr. 2019)

Advance Auto Parts Inc's payable for the three months ended in Apr. 2019 was $3,277 Mil. Advance Auto Parts Inc's Cost of Goods Sold for the three months ended in Apr. 2019 was $1,647 Mil. Hence, Advance Auto Parts Inc's days payable for the three months ended in Apr. 2019 was 181.51.

NYSE:AAP' s Days Payable Range Over the Past 10 Years
Min: 131.63   Max: 245.53
Current: 221.21

131.63
245.53

During the past 13 years, Advance Auto Parts Inc's highest Days Payable was 245.53. The lowest was 131.63. And the median was 210.84.

NYSE:AAP's Days Payable is ranked higher than
95% of the 925 Companies
in the Global industry.

( Industry Median: 52.44 vs. NYSE:AAP: 221.21 )

Advance Auto Parts Inc's days payable increased from Apr. 2018 (164.68) to Apr. 2019 (181.51). It may suggest that Advance Auto Parts Inc delayed paying its suppliers.


Advance Auto Parts Inc  (NYSE:AAP) Days Payable 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.

Advance Auto Parts Inc Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 209.60 220.06 212.07 199.77 216.01

Advance Auto Parts Inc Quarterly Data

Jun14 Sep14 Dec14 Apr15 Jun15 Sep15 Dec15 Apr16 Jun16 Sep16 Dec16 Apr17 Jun17 Sep17 Dec17 Apr18 Jun18 Sep18 Dec18 Apr19
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 164.68 201.91 217.58 246.10 181.51

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.


Advance Auto Parts Inc  (NYSE:AAP) Days Payable Distribution

* The bar in red indicates where Advance Auto Parts Inc's Days Payable falls into.



Advance Auto Parts Inc  (NYSE:AAP) Days Payable 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.

Advance Auto Parts Inc's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3172.79/5361.141*365
=216.01

Advance Auto Parts Inc's Days Payable for the quarter that ended in Apr. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3276.955/1647.424*365 / 4
=181.51

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


Advance Auto Parts Inc  (NYSE:AAP) Days Payable Related Terms


Advance Auto Parts Inc  (NYSE:AAP) Days Payable Headlines

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