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American Pacific Corporation (NAS:APFC)
Days Payable
42.83 (As of Sep. 2013)

American Pacific Corporation's payable for the three months ended in Sep. 2013 was $13.5 Mil. American Pacific Corporation's cost of goods sold for the three months ended in Sep. 2013 was $28.8 Mil. Hence, American Pacific Corporation's days payable for the three months ended in Sep. 2013 was 42.83.

American Pacific Corporation's days payable increased from Sep. 2012 (36.29) to Sep. 2013 (42.83). It may suggest that American Pacific Corporation 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 Pacific Corporation's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.501/128.131*365
=38.46

American Pacific Corporation's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.501/28.762*365 / 4
=42.83

* 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.

American Pacific Corporation Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysPayable 59.3943.4841.9732.9928.4519.9436.4043.3736.6838.46

American Pacific Corporation Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
DaysPayable 34.1730.5237.4940.0622.8236.2947.0327.6413.9042.83
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