Switch to:
CalAmp Corp (NAS:CAMP)
Days Payable
47.27 (As of Nov. 2015)

CalAmp Corp's payable for the three months ended in Nov. 2015 was $24.9 Mil. CalAmp Corp's cost of goods sold for the three months ended in Nov. 2015 was $48.1 Mil. Hence, CalAmp Corp's days payable for the three months ended in Nov. 2015 was 47.27.

CAMP' s Days Payable Range Over the Past 10 Years
Min: 26.61   Max: 65.85
Current: 50.78

26.61
65.85

During the past 13 years, CalAmp Corp's highest Days Payable was 65.85. The lowest was 26.61. And the median was 41.97.

CAMP's Days Payable is ranked lower than
59% of the 440 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.18 vs. CAMP: 50.78 )

CalAmp Corp's days payable declined from Nov. 2014 (65.90) to Nov. 2015 (47.27). It may suggest that CalAmp Corp 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 Corp's Days Payable for the fiscal year that ended in Feb. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=24.012/163.202*365
=53.70

CalAmp Corp's Days Payable for the quarter that ended in Nov. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=24.919/48.101*365 / 4
=47.27

* 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 Corp Annual Data

Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15
DaysPayable 26.6155.2732.4332.8565.8560.7235.9435.0347.9953.70

CalAmp Corp Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysPayable 47.2736.5047.7047.8267.7165.9049.1256.4868.6847.27
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK