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Rite Aid Corp  (NYSE:RAD) Days Payable: 39.19 (As of Nov. 2017)

Rite Aid Corp's payable for the three months ended in Nov. 2017 was $1,789 Mil. Rite Aid Corp's Cost of Goods Sold for the three months ended in Nov. 2017 was $4,166 Mil. Hence, Rite Aid Corp's days payable for the three months ended in Nov. 2017 was 39.19.

NYSE:RAD' s Days Payable Range Over the Past 10 Years
Min: 21.83   Max: 29.42
Current: 23.46

21.83
29.42

During the past 13 years, Rite Aid Corp's highest Days Payable was 29.42. The lowest was 21.83. And the median was 25.18.

NYSE:RAD's Days Payable is ranked lower than
78% of the 273 Companies
in the Global industry.

( Industry Median: 42.45 vs. NYSE:RAD: 23.46 )

Rite Aid Corp's days payable increased from Nov. 2016 (36.97) to Nov. 2017 (39.19). It may suggest that Rite Aid Corp 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.

Rite Aid Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.96 25.92 21.83 24.58 23.50

Rite Aid Corp Quarterly Data

Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 36.97 12.52 24.95 26.14 39.19

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.

Rite Aid Corp's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1613.909/25071.008*365
=23.50

Rite Aid Corp's Days Payable for the quarter that ended in Nov. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1789.456/4166.447*365 / 4
=39.19

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


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