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CalAmp Corporation (NAS:CAMP)
Days Payable
24.37 (As of Nov. 2013)

CalAmp Corporation's payable for the three months ended in Nov. 2013 was $17.0 Mil. CalAmp Corporation's revenue for the three months ended in Nov. 2013 was $63.5 Mil. Hence, CalAmp Corporation's days payable for the three months ended in Nov. 2013 was 24.37.

CalAmp Corporation's days payable declined from Nov. 2012 (26.77) to Nov. 2013 (24.37). It may suggest that CalAmp Corporation 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.

CalAmp Corporation's Days Payable for the fiscal year that ended in Feb. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=11.871/180.579*365
=23.99

CalAmp Corporation's Days Payable for the quarter that ended in Nov. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=17.005/63.503*91
=24.37

* 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.

CalAmp Corporation Annual Data

Feb04Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13
DaysPayable 49.3730.5120.1642.9928.1739.4852.7045.0225.0623.99

CalAmp Corporation Quarterly Data

Aug11Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13
DaysPayable 36.6633.5723.0336.5529.6226.7722.3226.8931.2424.37
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