hhgregg (hhgregg) Days Payable : 28.50 (As of Mar. 2016)

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What is hhgregg Days Payable?

hhgregg's average Accounts Payable for the six months ended in Mar. 2016 was $110 Mil. hhgregg's Cost of Goods Sold for the six months ended in Mar. 2016 was $1,406 Mil. Hence, hhgregg's Days Payable for the six months ended in Mar. 2016 was 14.25.

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

HGGG's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 55.985
* Ranked among companies with meaningful Days Payable only.

hhgregg's Days Payable declined from Mar. 2014 (31.74) to Mar. 2016 (28.50). It may suggest that hhgregg accelerated paying its suppliers.

hhgregg Days Payable Historical Data

The historical data trend for hhgregg'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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hhgregg Days Payable Chart

hhgregg Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Days Payable

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22.33

28.35

31.74

30.30

28.50

hhgregg Semi-Annual Data
	Mar03	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16
Days Payable	Get a 7-Day Free Trial									22.33	28.35	31.74	30.30	28.50

Competitive Comparison of hhgregg's Days Payable

For the Specialty Retail subindustry, hhgregg'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.

hhgregg's Days Payable Distribution in the Retail - Cyclical Industry

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

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

hhgregg 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.

hhgregg's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

	Days Payable (A: Mar. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2015 )	+	Accounts Payable (A: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2016 )	*	Days in Period
=	( (112.143	+	107.474)	/	2 )	/	1406.216	*	365
=	109.8085					/	1406.216	*	365
=	28.50

hhgregg's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

	Days Payable (Q: Mar. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2015 )	+	Accounts Payable (Q: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
=	( (112.143	+	107.474)	/	2 )	/	1406.216	*	365 / 2
=	109.8085					/	1406.216	*	365 / 2
=	14.25

hhgregg Days Payable Related Terms

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hhgregg (hhgregg) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » hhgregg Inc (OTCPK:HGGG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4151 East 96th Street, Indianapolis, IN, USA, 46240

Website

http://www.hhgregg.com

hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.

Executives

Aaron Trahan	officer: Chief Merchandising Officer	4151 E 96TH STREET, INDIANAPOLIS IN 46240
Michael Andretti	director	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Thomas Joseph Schuetz	officer: Chief Information Officer	4151 E 96TH STREET, INDIANAPOLIS IN 46240
Samuel J Johnson	officer: Chief Retail Officer	4151 E 96TH STREET, INDIANAPOLIS IN 46240
Kenneth Kocher	director	GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Kevin Kovacs	officer: Principal Accounting Officer	HHGREGG INC., 4151 EAST 96TH STREET, INDIANAPOLIS IN 46420
William P Carmichael	director	3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Catherine A Langham	director	LANGHAM LOGISTICS, INC., 5335 WEST 74TH STREET, INDIANAPOLIS IN 46268
Keith M Zimmerman	officer: Chief Merchandising Officer	HHGREGG, INC., 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Robert James Riesbeck	officer: Chief Financial Officer	100 PIER 1 PLACE, FORT WORTH TX 76102
Troy H Risch	officer: Chief Operating Officer	300 RADIOSHACK CIRCLE, MS CF3-203, FORT WORTH TX 76102
Andrew S Giesler	officer: INTERIM CFO	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Julie Clare Lyle	officer: Chief Marketing Officer	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Greg Bettinelli	director	4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Jeffery G Haines	officer: Chief Merchandising Officer	4151 EAST 96TH STREET, INDIANAPOLIS IN 46240