Pier 1 Imports (STU:PJ1A) Days Payable : 53.40 (As of Nov. 2019)

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What is Pier 1 Imports Days Payable?

Pier 1 Imports's average Accounts Payable for the three months ended in Nov. 2019 was €131 Mil. Pier 1 Imports's Cost of Goods Sold for the three months ended in Nov. 2019 was €225 Mil. Hence, Pier 1 Imports's Days Payable for the three months ended in Nov. 2019 was 53.40.

The historical rank and industry rank for Pier 1 Imports's Days Payable or its related term are showing as below:

STU:PJ1A's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 55.565
* Ranked among companies with meaningful Days Payable only.

Pier 1 Imports's Days Payable declined from Nov. 2018 (56.70) to Nov. 2019 (53.40). It may suggest that Pier 1 Imports accelerated paying its suppliers.

Pier 1 Imports Days Payable Historical Data

The historical data trend for Pier 1 Imports'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.

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Pier 1 Imports Days Payable Chart

Pier 1 Imports Annual Data

Trend

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Days Payable

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28.25

26.58

22.38

24.20

31.05

Pier 1 Imports Quarterly Data
	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19
Days Payable	Get a 7-Day Free Trial															56.70	43.95	46.64	47.88	53.40

Competitive Comparison of Pier 1 Imports's Days Payable

For the Specialty Retail subindustry, Pier 1 Imports'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.

Pier 1 Imports's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pier 1 Imports's Days Payable distribution charts can be found below:

* The bar in red indicates where Pier 1 Imports's Days Payable falls into.

Pier 1 Imports 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.

Pier 1 Imports's Days Payable for the fiscal year that ended in Feb. 2019 is calculated as

	Days Payable (A: Feb. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2018 )	+	Accounts Payable (A: Feb. 2019 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2019 )	*	Days in Period
=	( (57.736	+	107.455)	/	2 )	/	970.892	*	365
=	82.5955					/	970.892	*	365
=	31.05

Pier 1 Imports's Days Payable for the quarter that ended in Nov. 2019 is calculated as:

	Days Payable (Q: Nov. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2019 )	+	Accounts Payable (Q: Nov. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2019 )	*	Days in Period
=	( (131.651	+	131.2)	/	2 )	/	224.572	*	365 / 4
=	131.4255					/	224.572	*	365 / 4
=	53.40

Pier 1 Imports Days Payable Related Terms

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Pier 1 Imports (STU:PJ1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pier 1 Imports Inc (STU:PJ1A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Pier 1 Place, Fort Worth, TX, USA, 76102

Website

https://www.pier1.com

Pier 1 Imports Inc is a United-States-based retailer of decorative accessories, furniture, candles, homeware, gifts and seasonal products. The company operates through retail stores and an e-commerce website under the brand Pier 1 Imports. Most of the company's stores are located in the U.S., followed with a few stores in Canada. The company also provides products and licenses the Pier 1 Imports brand to Grupo Sanborns, which operates a number of stores in Mexico and El Salvador. The company sells merchandise produced in a number of countries, such as China, India, Vietnam, Indonesia, the U.S., and others.

Pier 1 Imports (STU:PJ1A) Headlines

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