HGGG (hhgregg) Days Payable: 28.50 (As of Mar. 2016)


What is hhgregg Days Payable?

hhgregg HGGG Days Payable is 28.50 as of Mar. 2016.

hhgregg's average Accounts Payable for the six months ended in Mar. 2016 was $110 Mil. hhgregg's Cost of Goods Sold for the six months ended in Mar. 2016 was $1,406 Mil. Hence, hhgregg's Days Payable for the six months ended in Mar. 2016 was 14.25.

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

HGGG's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 52.28
* Ranked among companies with meaningful Days Payable only.

hhgregg's Days Payable declined from Mar. 2014 (31.74) to Mar. 2016 (28.50). It may suggest that hhgregg accelerated paying its suppliers.

hhgregg Days Payable Historical Data

* Premium members only.

The historical data trend for hhgregg'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.

hhgregg Days Payable Chart

hhgregg Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.33 28.35 31.74 30.30 28.50

hhgregg Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
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 22.33 28.35 31.74 30.30 28.50

HGGG vs POLCQ, ORLY, AZO: Days Payable Comparison

For the Specialty Retail subindustry, hhgregg'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.

hhgregg Days Payable vs Retail - Cyclical Industry

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

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


hhgregg 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.

hhgregg's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable (A: Mar. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2015 ) + Accounts Payable (A: Mar. 2016 )) / count ) / Cost of Goods Sold (A: Mar. 2016 )*Days in Period
=( (112.143 + 107.474) / 2 ) / 1406.216*365
=109.8085 / 1406.216*365
=28.50

hhgregg's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable (Q: Mar. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (112.143 + 107.474) / 2 ) / 1406.216*365 / 2
=109.8085 / 1406.216*365 / 2
=14.25

* 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 28.50 mean?
hhgregg (HGGG) has a Days Payable of 28.50 as of Mar. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on hhgregg and its competitors.
Is hhgregg's Days Payable too high?
hhgregg's current Days Payable is 28.50. The Retail - Cyclical industry median Days Payable is 52.28. hhgregg's value of 28.50 is 45.5% below this industry median.
How does hhgregg's Days Payable compare to POLCQ and ORLY?
hhgregg's Days Payable of 28.50 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 52.28. hhgregg's value of 28.50 is 45.5% 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 52.28, based on 1,095 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. hhgregg's current Days Payable of 28.50 is 45.5% 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 hhgregg and its competitors. For the Retail - Cyclical industry, the median Days Payable is 52.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. hhgregg's current Days Payable is 28.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is hhgregg stock overvalued right now?
hhgregg (HGGG) has a current Days Payable of 28.50. The current Days Payable is 28.50 and 45.5% below the Retail - Cyclical industry median of 52.28. 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 hhgregg (HGGG), the current Days Payable is 28.50 as of Mar. 2016. 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.

hhgregg Business Description

Address 160 West Carmel Drive, Suite 263, Carmel, IN, USA, 46240
hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.