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Bioanalytical Systems Inc (NAS:BASI)
Days Payable
57.44 (As of Dec. 2015)

Bioanalytical Systems Inc's payable for the three months ended in Dec. 2015 was $2.46 Mil. Bioanalytical Systems Inc's cost of goods sold for the three months ended in Dec. 2015 was $3.91 Mil. Hence, Bioanalytical Systems Inc's days payable for the three months ended in Dec. 2015 was 57.44.

BASI' s Days Payable Range Over the Past 10 Years
Min: 18.44   Max: 87.14
Current: 59.2

18.44
87.14

During the past 13 years, Bioanalytical Systems Inc's highest Days Payable was 87.14. The lowest was 18.44. And the median was 31.55.

BASI's Days Payable is ranked higher than
56% of the 163 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 54.01 vs. BASI: 59.20 )

Bioanalytical Systems Inc's days payable declined from Dec. 2014 (67.15) to Dec. 2015 (57.44). It may suggest that Bioanalytical Systems 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.

Bioanalytical Systems Inc's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2.858/15.209*365
=68.59

Bioanalytical Systems Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2.462/3.911*365 / 4
=57.44

* 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.

Bioanalytical Systems Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 20.0318.4430.5830.1432.5228.4467.1987.1458.6768.59

Bioanalytical Systems Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 90.8771.9978.6975.9453.0267.1559.3060.9870.7957.44
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