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GuruFocus has detected 4 Warning Signs with American Public Education Inc $APEI.
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American Public Education Inc (NAS:APEI)
Days Payable
20.81 (As of Dec. 2016)

American Public Education Inc's payable for the three months ended in Dec. 2016 was $6.9 Mil. American Public Education Inc's cost of goods sold for the three months ended in Dec. 2016 was $30.0 Mil. Hence, American Public Education Inc's days payable for the three months ended in Dec. 2016 was 20.81.

APEI' s Days Payable Range Over the Past 10 Years
Min: 19.24   Max: 62.55
Current: 21.33

19.24
62.55

During the past 13 years, American Public Education Inc's highest Days Payable was 62.55. The lowest was 19.24. And the median was 39.43.

APEI's Days Payable is ranked lower than
54% of the 93 Companies
in the Global Education & Training Services industry.

( Industry Median: 23.00 vs. APEI: 21.33 )

American Public Education Inc's days payable increased from Dec. 2015 (19.23) to Dec. 2016 (20.81). It may suggest that American Public Education Inc delayed 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.

American Public Education Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6.853/117.013*365
=21.38

American Public Education Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6.853/30.045*365 / 4
=20.81

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

American Public Education Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 30.6041.4442.2445.6762.5557.1437.4232.5319.2421.38

American Public Education Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 35.4231.8518.8521.6724.8819.2322.030.000.0020.81
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