Rowe (ROWC) Days Payable: 54.06 (As of May. 2006)


What is Rowe Days Payable?

Rowe ROWC Days Payable is 54.06 as of May. 2006.

Rowe's average Accounts Payable for the three months ended in May. 2006 was $26.7 Mil. Rowe's Cost of Goods Sold for the three months ended in May. 2006 was $45.0 Mil. Hence, Rowe's Days Payable for the three months ended in May. 2006 was 54.06.

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

ROWC's Days Payable is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 64.14
* Ranked among companies with meaningful Days Payable only.

Rowe's Days Payable increased from May. 2005 (38.49) to May. 2006 (54.06). It may suggest that Rowe delayed paying its suppliers.

Rowe Days Payable Historical Data

* Premium members only.

The historical data trend for Rowe'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.

Rowe Days Payable Chart

Rowe Annual Data
Trend Nov96 Nov97 Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.82 28.20 24.78 35.34 43.71

Rowe Quarterly Data
Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06
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 38.49 40.60 41.09 52.40 54.06

ROWC vs ADAD, PFWI, MJPI: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Rowe'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.

Rowe Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rowe's Days Payable distribution charts can be found below:

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


Rowe 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.

Rowe's Days Payable for the fiscal year that ended in Nov. 2005 is calculated as

Days Payable (A: Nov. 2005 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2004 ) + Accounts Payable (A: Nov. 2005 )) / count ) / Cost of Goods Sold (A: Nov. 2005 )*Days in Period
=( (25.366 + 23.84) / 2 ) / 205.447*365
=24.603 / 205.447*365
=43.71

Rowe's Days Payable for the quarter that ended in May. 2006 is calculated as:

Days Payable (Q: May. 2006 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2006 ) + Accounts Payable (Q: May. 2006 )) / count ) / Cost of Goods Sold (Q: May. 2006 )*Days in Period
=( (26.439 + 26.901) / 2 ) / 45.015*365 / 4
=26.67 / 45.015*365 / 4
=54.06

* 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 54.06 mean?
Rowe (ROWC) has a Days Payable of 54.06 as of May. 2006. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rowe and its competitors.
Is Rowe's Days Payable too high?
Rowe's current Days Payable is 54.06. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. Rowe's value of 54.06 is 15.7% below this industry median.
How does Rowe's Days Payable compare to ADAD and PFWI?
Rowe's Days Payable of 54.06 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Days Payable is 64.14. Rowe's value of 54.06 is 15.7% 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 415 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. Rowe's current Days Payable of 54.06 is 15.7% 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 Rowe and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rowe's current Days Payable is 54.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rowe stock overvalued right now?
Rowe (ROWC) has a current Days Payable of 54.06. The current Days Payable is 54.06 and 15.7% below the Furnishings, Fixtures & Appliances industry median of 64.14. 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 Rowe (ROWC), the current Days Payable is 54.06 as of May. 2006. 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.

Rowe Business Description

Address 1650 Tysons Boulevard, Suite 710, McLean, VA, USA, 22102
Rowe Companies is engaged in manufacturing upholstered furniture. Its products include sofas, sleeper sofas, loveseats, dining sets, rugs, and chairs.