Sears Canada (Sears Canada) Days Payable

: 58.78 (As of Apr. 2017)

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Sears Canada's average Accounts Payable for the three months ended in Apr. 2017 was $188 Mil. Sears Canada's Cost of Goods Sold for the three months ended in Apr. 2017 was $291 Mil. Hence, Sears Canada's Days Payable for the three months ended in Apr. 2017 was 58.78.

The historical rank and industry rank for Sears Canada's Days Payable or its related term are showing as below:

SRSCQ's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 56.675
* Ranked among companies with meaningful Days Payable only.

Sears Canada's Days Payable increased from Apr. 2016 (47.53) to Apr. 2017 (58.78). It may suggest that Sears Canada delayed paying its suppliers.

Sears Canada Days Payable Historical Data

The historical data trend for Sears Canada'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.

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Sears Canada Annual Data

Trend

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Days Payable

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46.55

43.63

39.98

34.32

30.60

Sears Canada Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Days Payable	Get a 7-Day Free Trial															47.53	58.66	66.45	42.14	58.78

Competitive Comparison

For the Department Stores subindustry, Sears Canada'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.

Sears Canada Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Sears Canada's Days Payable distribution charts can be found below:

* The bar in red indicates where Sears Canada's Days Payable falls into.

Sears Canada 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.

Sears Canada's Days Payable for the fiscal year that ended in Jan. 2017 is calculated as

	Days Payable (A: Jan. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2016 )	+	Accounts Payable (A: Jan. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2017 )	*	Days in Period
=	( (114.372	+	127.361)	/	2 )	/	1441.629	*	365
=	120.8665					/	1441.629	*	365
=	30.60

Sears Canada's Days Payable for the quarter that ended in Apr. 2017 is calculated as:

	Days Payable (Q: Apr. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2017 )	+	Accounts Payable (Q: Apr. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2017 )	*	Days in Period
=	( (127.361	+	247.823)	/	2 )	/	291.211	*	365 / 4
=	187.592					/	291.211	*	365 / 4
=	58.78

Sears Canada Days Payable Related Terms

Thank you for viewing the detailed overview of Sears Canada's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sears Canada (Sears Canada) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sears Canada Inc (OTCPK:SRSCQ) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3

Website

http://www.sears.ca

Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.

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