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Axcelis Technologies Inc (NAS:ACLS)
Days Payable
37.36 (As of Dec. 2015)

Axcelis Technologies Inc's payable for the three months ended in Dec. 2015 was $19.8 Mil. Axcelis Technologies Inc's cost of goods sold for the three months ended in Dec. 2015 was $48.5 Mil. Hence, Axcelis Technologies Inc's days payable for the three months ended in Dec. 2015 was 37.36.

ACLS' s Days Payable Range Over the Past 10 Years
Min: 15.69   Max: 70.75
Current: 36.26

15.69
70.75

During the past 13 years, Axcelis Technologies Inc's highest Days Payable was 70.75. The lowest was 15.69. And the median was 37.73.

ACLS's Days Payable is ranked lower than
67% of the 780 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 48.17 vs. ACLS: 36.26 )

Axcelis Technologies Inc's days payable declined from Dec. 2014 (45.08) to Dec. 2015 (37.36). It may suggest that Axcelis Technologies Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Axcelis Technologies Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=19.849/199.789*365
=36.26

Axcelis Technologies Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=19.849/48.485*365 / 4
=37.36

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Axcelis Technologies Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 50.4039.1915.6933.6670.7534.8625.5555.6059.3436.26

Axcelis Technologies Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 46.0547.5941.6959.4757.3545.0855.8469.1544.3237.36
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