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AVG Technologies NV (NYSE:AVG)
Days Payable
79.22 (As of Dec. 2014)

AVG Technologies NV's payable for the three months ended in Dec. 2014 was $13.6 Mil. AVG Technologies NV's cost of goods sold for the three months ended in Dec. 2014 was $15.7 Mil. Hence, AVG Technologies NV's days payable for the three months ended in Dec. 2014 was 79.22.

AVG Technologies NV's days payable increased from Dec. 2013 (54.60) to Dec. 2014 (79.22). It may suggest that AVG Technologies NV 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.

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 Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.603/15.668*365 / 4
=79.22

* 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

Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.000.0053.7366.05129.0058.7760.2195.80

AVG Technologies NV Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
DaysPayable 59.3854.8334.1541.1648.5254.6050.3144.2673.1579.22
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