Lowe's's average Accounts Payable for the
three
months ended in Apr. 2022 was $12,593 Mil. Lowe's's Cost of Goods Sold for the
three
months ended in Apr. 2022 was $15,609 Mil.
Hence, Lowe's's Days Payable for the
three
months ended in Apr. 2022 was 73.62.
The historical rank and industry rank for Lowe's's Days Payable or its related term are showing as below:
LOW'
s Days Payable Range Over the Past 10 Years
Min: 49.53 Med: 52.02 Max: 71.83
Current: 71.83
During the past 13 years, Lowe's's highest Days Payable was 71.83. The lowest was 49.53. And the median was 52.02.
LOW's Days Payable is ranked better than 60.07% of 1082
companies
in the Retail - Cyclical industry
Industry Median: 58.73
vs LOW: 71.83
Lowe's's Days Payable
increased
from Apr. 2021 (69.59) to Apr. 2022 (73.62).
It may suggest that Lowe's delayed paying its suppliers.
Lowe's Days Payable Historical Data
The historical data trend for Lowe's's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Lowe's Annual Data
Trend
Jan13
Jan14
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Days Payable
52.32
56.06
59.11
56.38
63.22
Lowe's Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Days Payable
69.59
64.91
69.47
72.33
73.62
Competitive Comparison
For the Home Improvement Retail subindustry, Lowe's's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
Lowe's Days Payable Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Days Payable distribution charts can be found below:
* The bar in red indicates where Lowe's's Days Payable falls into.
Lowe's Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Lowe's's Days Payable for the fiscal year that ended in Jan. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lowe's Days Payable Related Terms
Thank you for viewing the detailed overview of Lowe's's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Lowe's is the second- largest home improvement retailer in the world (behind wide-moat Home Depot), operating 1,971 stores and servicing 230 dealer-owned stores throughout the United States and Canada. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate Lowe's captures a low-double-digit share of the $900 billion domestic home improvement market, based on Lowe's estimate for market size.
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