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Bridgepoint Education Inc (NYSE:BPI)
Days Payable
5.48 (As of Sep. 2016)

Bridgepoint Education Inc's payable for the three months ended in Sep. 2016 was $3.9 Mil. Bridgepoint Education Inc's cost of goods sold for the three months ended in Sep. 2016 was $64.1 Mil. Hence, Bridgepoint Education Inc's days payable for the three months ended in Sep. 2016 was 5.48.

BPI' s Days Payable Range Over the Past 10 Years
Min: 1.17   Max: 33.29
Current: 5.28

1.17
33.29

During the past 10 years, Bridgepoint Education Inc's highest Days Payable was 33.29. The lowest was 1.17. And the median was 8.48.

BPI's Days Payable is ranked lower than
91% of the 102 Companies
in the Global Education & Training Services industry.

( Industry Median: 27.53 vs. BPI: 5.28 )

Bridgepoint Education Inc's days payable increased from Sep. 2015 (2.81) to Sep. 2016 (5.48). It may suggest that Bridgepoint Education Inc 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.

Bridgepoint Education Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.762/281.496*365
=6.17

Bridgepoint Education Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.85/64.095*365 / 4
=5.48

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bridgepoint Education Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.0033.2927.348.728.4811.324.885.191.176.17

Bridgepoint Education Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 4.7811.971.238.387.022.816.601.240.195.48
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