The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Days Payable : 39.02 (As of Nov. 2017)

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What is The Jean Coutu Group (PJC) Days Payable?

The Jean Coutu Group (PJC)'s average Accounts Payable for the three months ended in Nov. 2017 was $204 Mil. The Jean Coutu Group (PJC)'s Cost of Goods Sold for the three months ended in Nov. 2017 was $478 Mil. Hence, The Jean Coutu Group (PJC)'s Days Payable for the three months ended in Nov. 2017 was 39.02.

The historical rank and industry rank for The Jean Coutu Group (PJC)'s Days Payable or its related term are showing as below:

JCOUF's Days Payable is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 61.58
* Ranked among companies with meaningful Days Payable only.

The Jean Coutu Group (PJC)'s Days Payable declined from Nov. 2016 (40.33) to Nov. 2017 (39.02). It may suggest that The Jean Coutu Group (PJC) accelerated paying its suppliers.

The Jean Coutu Group (PJC) Days Payable Historical Data

The historical data trend for The Jean Coutu Group (PJC)'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.

The Jean Coutu Group (PJC) Days Payable Chart

The Jean Coutu Group (PJC) Annual Data

Trend

May07

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Days Payable

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34.40

34.81

31.09

34.61

The Jean Coutu Group (PJC) Quarterly Data
	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17
Days Payable	Get a 7-Day Free Trial															40.33	37.65	-	38.57	39.02

Competitive Comparison of The Jean Coutu Group (PJC)'s Days Payable

For the Pharmaceutical Retailers subindustry, The Jean Coutu Group (PJC)'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.

The Jean Coutu Group (PJC)'s Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, The Jean Coutu Group (PJC)'s Days Payable distribution charts can be found below:

* The bar in red indicates where The Jean Coutu Group (PJC)'s Days Payable falls into.

The Jean Coutu Group (PJC) 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.

The Jean Coutu Group (PJC)'s Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

	Days Payable (A: Feb. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2016 )	+	Accounts Payable (A: Feb. 2017 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1801.51	*	365
=	0					/	1801.51	*	365
=	0.00

The Jean Coutu Group (PJC)'s Days Payable for the quarter that ended in Nov. 2017 is calculated as:

	Days Payable (Q: Nov. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2017 )	+	Accounts Payable (Q: Nov. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2017 )	*	Days in Period
=	( (200.587	+	207.939)	/	2 )	/	477.648	*	365 / 4
=	204.263					/	477.648	*	365 / 4
=	39.02

The Jean Coutu Group (PJC) Days Payable Related Terms

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The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » The Jean Coutu Group (PJC) Inc (OTCPK:JCOUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.jeancoutu.com

The Jean Coutu Group is a Canadian pharmaceutical retailer that operates under a franchise model. The company reports three segments: franchising, generic medicines, and intersegment sales. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumes, discount cosmetic lines, photography services, household items, pet supplies, groceries, and personal-care products. The bulk of Jean Coutu's revenue comes from prescription drug sales.

The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Headlines

From GuruFocus

The Jean Coutu Group – Dividend Fourth Quarter of Fiscal Year 2018

By GlobeNewswire GlobeNewswire • 04-01-2018