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TAL Education Group Days Payable

: 32.29 (As of May. 2020)
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TAL Education Group's Accounts Payable for the three months ended in May. 2020 was $152 Mil. TAL Education Group's Cost of Goods Sold for the three months ended in May. 2020 was $430 Mil. Hence, TAL Education Group's Days Payable for the three months ended in May. 2020 was 32.29.

NYSE:TAL' s Days Payable Range Over the Past 10 Years
Min: 5.66   Med: 11.73   Max: 35.08
Current: 35.08

5.66
35.08

During the past 12 years, TAL Education Group's highest Days Payable was 35.08. The lowest was 5.66. And the median was 11.73.

NYSE:TAL's Days Payable is ranked higher than
54% of the 155 Companies
in the Education industry.

( Industry Median: 29.60 vs. NYSE:TAL: 35.08 )

TAL Education Group's Days Payable increased from May. 2019 (23.63) to May. 2020 (32.29). It may suggest that TAL Education Group delayed paying its suppliers.


TAL Education Group 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.

TAL Education Group Annual Data
Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.51 15.82 23.83 33.38 29.27

TAL Education Group Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 23.63 24.46 35.16 30.90 32.29

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.


TAL Education Group Days Payable Distribution

* The bar in red indicates where TAL Education Group's Days Payable falls into.



TAL Education Group 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.

TAL Education Group's Days Payable for the fiscal year that ended in Feb. 2020 is calculated as

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=117.77/1468.569*365
=29.27

TAL Education Group's Days Payable for the quarter that ended in May. 2020 is calculated as:

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=151.97/429.515*365 / 4
=32.29

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


TAL Education Group Days Payable Related Terms


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