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AVG Technologies NV (NYSE:AVG)
Days Payable
43.65 (As of Mar. 2016)

AVG Technologies NV's payable for the three months ended in Mar. 2016 was $8.9 Mil. AVG Technologies NV's cost of goods sold for the three months ended in Mar. 2016 was $18.6 Mil. Hence, AVG Technologies NV's days payable for the three months ended in Mar. 2016 was 43.65.

AVG' s Days Payable Range Over the Past 10 Years
Min: 53.73   Max: 129
Current: 46.68

53.73
129

During the past 7 years, AVG Technologies NV's highest Days Payable was 129.00. The lowest was 53.73. And the median was 63.13.

AVG's Days Payable is ranked higher than
53% of the 1362 Companies
in the Global Software - Application industry.

( Industry Median: 43.21 vs. AVG: 46.68 )

AVG Technologies NV's days payable declined from Mar. 2015 (44.87) to Mar. 2016 (43.65). It may suggest that AVG Technologies NV 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.

AVG Technologies NV's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.603/51.827*365
=95.80

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.9/18.604*365 / 4
=43.65

* 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.

AVG Technologies NV Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.0053.7366.05129.0058.7760.2195.8066.25

AVG Technologies NV Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 54.6050.3144.2673.1579.2244.8744.0240.3758.8843.65
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