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AVG Technologies NV (NYSE:AVG)
Days Payable
11.92 (As of Jun. 2014)

AVG Technologies NV's payable for the three months ended in Jun. 2014 was $11.5 Mil. AVG Technologies NV's revenue for the three months ended in Jun. 2014 was $88.0 Mil. Hence, AVG Technologies NV's days payable for the three months ended in Jun. 2014 was 11.92.

AVG Technologies NV's days payable declined from Jun. 2013 (14.01) to Jun. 2014 (11.92). 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. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=16.036/407.113*365
=14.38

AVG Technologies NV's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=11.527/88.009*91
=11.92

* 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

Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.000.0011.8113.5020.3612.4114.38

AVG Technologies NV Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 11.6822.1915.0911.579.0814.0114.9614.3212.0711.92
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