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Lowe's Days Payable

: 73.62 (As of Apr. 2022)
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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
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 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 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

Days Payable (A: Jan. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2021 ) + Accounts Payable (A: Jan. 2022 )) / count ) / Cost of Goods Sold (A: Jan. 2022 )*Days in Period
=( (10884 + 11354) / 2 ) / 64194*365
=11119 / 64194*365
=63.22

Lowe's's Days Payable for the quarter that ended in Apr. 2022 is calculated as:

Days Payable (Q: Apr. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2022 ) + Accounts Payable (Q: Apr. 2022 )) / count ) / Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=( (11354 + 13831) / 2 ) / 15609*365 / 4
=12592.5 / 15609*365 / 4
=73.62

* 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 Business Description

Lowe's logo
Address
1000 Lowe's Boulevard, Mooresville, NC, USA, 28117
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.
Executives
Taylor Colleen director C/O BILL.COM HOLDINGS, INC. 1800 EMBARCADERO ROAD PALO ALTO CA 94303
Sink Brandon J officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Stone West Mary E director C/O HASBRO, INC. 1011 NEWPORT AVENUE PAWTUCKET RI 02861
Heinrich Daniel J director CLOROX CO 1221 BROADWAY OAKLAND CA 94612
Griggs Dan Clayton Jr officer: Vice President, CAO 1000 LOWES BOULEVARD MOORESVILLE NC 28117
Little Janice Dupre officer: EVP Human Resources 1000 LOWES BOULEVARD MOORESVILLE NC 28117
Thalberg Marisa F officer: EVP Chief Brand & Mktg Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Denton David M officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Godbole Seemantini officer: EVP, Chief Information Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Mason Tiffany L officer: Interim CFO & SVP 440 S. CHURCH STREET SUITE 700 CHARLOTTE NC 28202
Boltz William P officer: EVP, Merchandising 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Mcfarland Joseph Michael officer: EVP, Stores 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Frieson Donald officer: EVP, Supply Chain 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Ellison Marvin R director, officer: President and CEO 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Rogers Brian C director T ROWE PRICE GROUP INC 100 E PRATT ST BALTIMORE MD 21202

Lowe's Headlines

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