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CalAmp Corp (NAS:CAMP)
Days Payable
49.12 (As of Feb. 2015)

CalAmp Corp's payable for the three months ended in Feb. 2015 was $24.0 Mil. CalAmp Corp's cost of goods sold for the three months ended in Feb. 2015 was $44.6 Mil. Hence, CalAmp Corp's days payable for the three months ended in Feb. 2015 was 49.12.

CalAmp Corp's days payable increased from Feb. 2014 (47.70) to Feb. 2015 (49.12). 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. 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 Feb. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=24.012/44.605*365 / 4
=49.12

* 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

Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15
DaysPayable 39.2832.4941.1047.2736.5047.7047.8267.7165.9049.12
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