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Burlington Stores (Burlington Stores) Days Payable : 48.37 (As of Jan. 2024)


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What is Burlington Stores Days Payable?

Burlington Stores's average Accounts Payable for the three months ended in Jan. 2024 was $948 Mil. Burlington Stores's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,788 Mil. Hence, Burlington Stores's Days Payable for the three months ended in Jan. 2024 was 48.37.

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

BURL' s Days Payable Range Over the Past 10 Years
Min: 58.23   Med: 71.23   Max: 83.25
Current: 58.23

During the past 13 years, Burlington Stores's highest Days Payable was 83.25. The lowest was 58.23. And the median was 71.23.

BURL's Days Payable is ranked better than
51.25% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs BURL: 58.23

Burlington Stores's Days Payable declined from Jan. 2023 (53.60) to Jan. 2024 (48.37). It may suggest that Burlington Stores accelerated paying its suppliers.


Burlington Stores Days Payable Historical Data

The historical data trend for Burlington Stores'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.

Burlington Stores Days Payable Chart

Burlington Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.38 83.25 65.24 71.87 62.49

Burlington Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 53.60 66.12 57.75 60.23 48.37

Competitive Comparison of Burlington Stores's Days Payable

For the Apparel Retail subindustry, Burlington Stores'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.


Burlington Stores's Days Payable Distribution in the Retail - Cyclical Industry

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

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



Burlington Stores 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.

Burlington Stores's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (955.793 + 956.35) / 2 ) / 5584.06*365
=956.0715 / 5584.06*365
=62.49

Burlington Stores's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (939.658 + 956.35) / 2 ) / 1788.399*365 / 4
=948.004 / 1788.399*365 / 4
=48.37

* 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.


Burlington Stores Days Payable Related Terms

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


Burlington Stores (Burlington Stores) Business Description

Traded in Other Exchanges
Address
2006 Route 130 North, Burlington, NJ, USA, 08016
The third-largest American dedicated off-price apparel and home fashion retail firm, with 927 stores as of the end of fiscal 2022, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday-low-price approach that undercuts conventional retailers' regular prices by up to 60%. The company focuses on providing a treasure-hunt experience, with a quickly changing array of merchandise in a relatively low-frills shopping environment. In fiscal 2022, 24% of sales came from accessories and footwear, 22% from women's ready-to-wear apparel, 21% from home décor, 17% from menswear, 12% from youth apparel and baby, and 4% from outerwear. All sales come from the United States.
Executives
William P Mcnamara director
Jennifer Vecchio officer: President and CMO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Jeffrey Laub officer: SVP, Finance and CAO C/O BURLINGTON COAT FACTORY WAREHOUSE CO, 1830 ROUTE 130, BURLINGTON NJ 08016
Kristin Wolfe officer: Chief Financial Officer C/O BURLINGTON STORES, INC., 1830 ROUTE 130, BURLINGTON NJ 08016
Travis Marquette officer: President and COO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Mike Metheny officer: Executive Vice President 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
Dennis Hodgson officer: EVP CIO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Michael R Allison officer: EVP CHRO 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Joyce Manning Magrini officer: Executive Vice President C/O FINLAY ENTERPRISES, INC., 529 FIFTH AVENUE, ATTN: LEGAL DPT., NEW YORK NY 10017
Michael Goodwin director 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Fred Hand officer: Chief Customer Officer 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
John Crimmins officer: Chief Financial Officer 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
Thomas Kingsbury director, officer: President & CEO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
O Sullivan Michael B director, officer: Chief Executive Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Paul Sullivan director 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016