GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Family Dollar Stores Inc (FRA:FAY) » Definitions » Days Payable

Family Dollar Stores (FRA:FAY) Days Payable : 35.36 (As of May. 2015)


View and export this data going back to . Start your Free Trial

What is Family Dollar Stores Days Payable?

Family Dollar Stores's average Accounts Payable for the three months ended in May. 2015 was €619 Mil. Family Dollar Stores's Cost of Goods Sold for the three months ended in May. 2015 was €1,598 Mil. Hence, Family Dollar Stores's Days Payable for the three months ended in May. 2015 was 35.36.

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

FRA:FAY' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 33.02
Current: 33.02

During the past 13 years, Family Dollar Stores's highest Days Payable was 33.02. The lowest was 0.00. And the median was 0.00.

FRA:FAY's Days Payable is not ranked
in the Retail - Defensive industry.
Industry Median: 43.45 vs FRA:FAY: 33.02

Family Dollar Stores's Days Payable declined from May. 2014 (37.22) to May. 2015 (35.36). It may suggest that Family Dollar Stores accelerated paying its suppliers.


Family Dollar Stores Days Payable Historical Data

The historical data trend for Family Dollar Stores'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.

Family Dollar Stores Days Payable Chart

Family Dollar Stores Annual Data
Trend Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.65 47.54 38.10 38.62 39.24

Family Dollar Stores Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 37.22 37.18 38.01 33.85 35.36

Competitive Comparison of Family Dollar Stores's Days Payable

For the Discount Stores subindustry, Family Dollar Stores'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.


Family Dollar Stores's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Family Dollar Stores's Days Payable distribution charts can be found below:

* The bar in red indicates where Family Dollar Stores's Days Payable falls into.



Family Dollar Stores 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.

Family Dollar Stores's Days Payable for the fiscal year that ended in Aug. 2014 is calculated as

Days Payable (A: Aug. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2013 ) + Accounts Payable (A: Aug. 2014 )) / count ) / Cost of Goods Sold (A: Aug. 2014 )*Days in Period
=( (543.123 + 580.539) / 2 ) / 5225.492*365
=561.831 / 5225.492*365
=39.24

Family Dollar Stores's Days Payable for the quarter that ended in May. 2015 is calculated as:

Days Payable (Q: May. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2015 ) + Accounts Payable (Q: May. 2015 )) / count ) / Cost of Goods Sold (Q: May. 2015 )*Days in Period
=( (662.619 + 575.575) / 2 ) / 1597.585*365 / 4
=619.097 / 1597.585*365 / 4
=35.36

* 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.


Family Dollar Stores Days Payable Related Terms

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


Family Dollar Stores (FRA:FAY) Business Description

Traded in Other Exchanges
N/A
Address
Family Dollar Stores Inc was incorporated in November 1959. The Company provides consumers with a selection of competitively priced merchandise in convenient neighbourhood stores. Its merchandise assortment includes Consumables, Home Products, Apparel and Accessories, and Seasonal and Electronics. It classifies the combination of Home Products, Apparel and Accessories, and Seasonal and Electronics as Discretionary. It operates general merchandise retail discount stores in 46 states, serving the basic needs of customers primarily in the low- and middle-income brackets. The stores are supported by 11 distribution centers and one Store Support Center. It competes for sales and store locations in varying degrees with international, national, regional and local retailing establishments, other discount stores, department stores, variety stores, dollar stores, discount clothing stores, drug stores, grocery stores, convenience stores, outlet stores, warehouse stores and other stores. The Company's trademark includes Family Dollar and Family Dollar Stores. Its business is subject to federal, state, local, and international laws, rules, and regulations, such as state and local wage and hour laws, anti-corruption laws, import and export laws, unclaimed property laws, and many others.

Family Dollar Stores (FRA:FAY) Headlines

No Headlines