CONNQ (Conn's) Days Payable: 41.53 (As of Jan. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CONNQ Conn's Inc CONNQ
16 GF Score
Price $0.00
View Full Analysis

What is Conn's Days Payable?

Conn's CONNQ 16 Days Payable is 41.53 as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Conn's's average Accounts Payable for the three months ended in Jan. 2024 was $83 Mil. Conn's's Cost of Goods Sold for the three months ended in Jan. 2024 was $181 Mil. Hence, Conn's's Days Payable for the three months ended in Jan. 2024 was 41.53.

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

CONNQ's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.41
* Ranked among companies with meaningful Days Payable only.

Conn's's Days Payable increased from Jan. 2023 (38.57) to Jan. 2024 (41.53). It may suggest that Conn's delayed paying its suppliers.


Conn's Days Payable Historical Data

* Premium members only.

The historical data trend for Conn'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.

Conn's Days Payable Chart

Conn's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.30 32.20 31.83 37.62 49.34

Conn's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial 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 38.57 43.63 42.14 43.33 41.53

CONNQ vs ZKGCF, ORLY, AZO: Days Payable Comparison

For the Specialty Retail subindustry, Conn'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.


Conn's Days Payable vs Retail - Cyclical Industry

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

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


CONNQ
16GF Score
Conn's Inc CONNQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conn'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.

Conn's's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (71.685 + 98.567) / 2 ) / 629.688*365
=85.126 / 629.688*365
=49.34

Conn's's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (66.54 + 98.567) / 2 ) / 181.408*365 / 4
=82.5535 / 181.408*365 / 4
=41.53

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 41.53 mean?
Conn's (CONNQ) has a Days Payable of 41.53 as of Jan. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Conn's and its competitors.
Is Conn's' Days Payable too high?
Conn's' current Days Payable is 41.53. The Retail - Cyclical industry median Days Payable is 51.41. Conn's' value of 41.53 is 19.2% below this industry median. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Days Payable compare to ZKGCF and ORLY?
Conn's' Days Payable of 41.53 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.41. Conn's' value of 41.53 is 19.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.41, based on 1,107 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Conn's's current Days Payable of 41.53 is 19.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Conn's and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conn's's current Days Payable is 41.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Days Payable of 41.53. The current Days Payable is 41.53 and 19.2% below the Retail - Cyclical industry median of 51.41. Conn's' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Conn's (CONNQ), the current Days Payable is 41.53 as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

Get the complete analysis for CONNQ

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price