GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bed Bath & Beyond Inc (OTCPK:BBBYQ) » Definitions » Days Payable

Bed Bath & Beyond (Bed Bath & Beyond) Days Payable : 52.91 (As of Feb. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Bed Bath & Beyond Days Payable?

Bed Bath & Beyond's average Accounts Payable for the three months ended in Feb. 2023 was $578 Mil. Bed Bath & Beyond's Cost of Goods Sold for the three months ended in Feb. 2023 was $997 Mil. Hence, Bed Bath & Beyond's Days Payable for the three months ended in Feb. 2023 was 52.91.

The historical rank and industry rank for Bed Bath & Beyond's Days Payable or its related term are showing as below:

BBBYQ' s Days Payable Range Over the Past 10 Years
Min: 47.81   Med: 54.02   Max: 62.99
Current: 62.99

During the past 13 years, Bed Bath & Beyond's highest Days Payable was 62.99. The lowest was 47.81. And the median was 54.02.

BBBYQ's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 56.525 vs BBBYQ: 62.99

Bed Bath & Beyond's Days Payable declined from Feb. 2022 (55.20) to Feb. 2023 (52.91). It may suggest that Bed Bath & Beyond accelerated paying its suppliers.


Bed Bath & Beyond Days Payable Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Days Payable Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.77 48.84 57.61 62.99 58.79

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 55.20 69.17 70.29 68.96 52.91

Competitive Comparison of Bed Bath & Beyond's Days Payable

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Bed Bath & Beyond's Days Payable falls into.



Bed Bath & Beyond 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.

Bed Bath & Beyond's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (872.445 + 457.924) / 2 ) / 4129.802*365
=665.1845 / 4129.802*365
=58.79

Bed Bath & Beyond's Days Payable for the quarter that ended in Feb. 2023 is calculated as:

Days Payable (Q: Feb. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2022 ) + Accounts Payable (Q: Feb. 2023 )) / count ) / Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=( (697.889 + 457.924) / 2 ) / 996.691*365 / 4
=577.9065 / 996.691*365 / 4
=52.91

* 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.


Bed Bath & Beyond Days Payable Related Terms

Thank you for viewing the detailed overview of Bed Bath & Beyond's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Bed Bath & Beyond (Bed Bath & Beyond) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.
Executives
Carol Flaton director 1001 LOUISIANA STREET, HOUSTON TX 77002
Scott Lindblom officer: EVP, Chief Tech & Digital OFC 650 LIBERTY AVENUE, UNION NJ 07083
Patty Wu officer: EVP, BRAND PRESIDENT 650 LIBERTY AVENUE, UNION NJ 07083
Hobart Sichel officer: EVP,CHF MARKET'G&CUSTOMER OFC 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Kastin officer: EVP, CHIEF LEGAL OFFICER C/O VITAMIN SHOPPE, INC., SECAUCUS NJ 07094
Gustavo Arnal officer: EVP, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Rc Ventures Llc 10 percent owner, other: See Footnote 1 PO BOX 25250, PMB 30427, MIAMI FL 33102
Ryan Cohen 10 percent owner, other: See Footnote 1 C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Laura Crossen officer: SVP, CHIEF ACCOUNTING OFFICER C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Mara Sirhal officer: EVP, CHIEF MERCHANDISING OFC C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Harriet Edelman director
Jeff Kirwan director TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Sue Gove director, officer: INTERIM CEO 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Mark J Tritton director, officer: PRESIDENT AND CEO TARGET CORPORATION, 1000 NICOLLET MALL, MINNEAPOLIS MN 55403