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CalAmp Corp (NAS:CAMP)
Days Payable
58.56 (As of May. 2016)

CalAmp Corp's payable for the three months ended in May. 2016 was $36.1 Mil. CalAmp Corp's cost of goods sold for the three months ended in May. 2016 was $56.3 Mil. Hence, CalAmp Corp's days payable for the three months ended in May. 2016 was 58.56.

CAMP' s Days Payable Range Over the Past 10 Years
Min: 32.43   Max: 68.64
Current: 68.64

32.43
68.64

During the past 13 years, CalAmp Corp's highest Days Payable was 68.64. The lowest was 32.43. And the median was 49.60.

CAMP's Days Payable is ranked higher than
60% of the 425 Companies
in the Global Communication Equipment industry.

( Industry Median: 57.15 vs. CAMP: 68.64 )

CalAmp Corp's days payable increased from May. 2015 (56.48) to May. 2016 (58.56). It may suggest that CalAmp Corp 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.

CalAmp Corp's Days Payable for the fiscal year that ended in Feb. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=24.938/177.76*365
=51.21

CalAmp Corp's Days Payable for the quarter that ended in May. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=36.141/56.313*365 / 4
=58.56

* 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

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysPayable 55.2732.4332.8565.8560.7235.9435.0347.9953.7051.21

CalAmp Corp Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysPayable 47.7047.8267.7165.9049.1256.4868.6847.2752.6158.56
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