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Apollo Education Group Inc (NAS:APOL)
Days Payable
18.72 (As of May. 2016)

Apollo Education Group Inc's payable for the three months ended in May. 2016 was $56 Mil. Apollo Education Group Inc's cost of goods sold for the three months ended in May. 2016 was $274 Mil. Hence, Apollo Education Group Inc's days payable for the three months ended in May. 2016 was 18.72.

APOL' s Days Payable Range Over the Past 10 Years
Min: 12.4   Max: 23.81
Current: 18.08

12.4
23.81

During the past 13 years, Apollo Education Group Inc's highest Days Payable was 23.81. The lowest was 12.40. And the median was 17.74.

APOL's Days Payable is ranked lower than
62% of the 97 Companies
in the Global Education & Training Services industry.

( Industry Median: 27.51 vs. APOL: 18.08 )

Apollo Education Group Inc's days payable declined from May. 2015 (22.29) to May. 2016 (18.72). It may suggest that Apollo Education Group 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.

Apollo Education Group Inc's Days Payable for the fiscal year that ended in Aug. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=64.1/1207.535*365
=19.38

Apollo Education Group Inc's Days Payable for the quarter that ended in May. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=56.297/274.486*365 / 4
=18.72

* 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.

Apollo Education Group Inc Annual Data

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
DaysPayable 20.1623.8112.4015.5819.1314.4215.3817.2918.1819.38

Apollo Education Group Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysPayable 18.5318.3219.1319.4122.6722.2919.4815.4423.8618.72
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