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GuruFocus has detected 4 Warning Signs with Cincinnati Bell Inc $CBB.
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Cincinnati Bell Inc (NYSE:CBB)
Days Payable
59.80 (As of Dec. 2016)

Cincinnati Bell Inc's payable for the three months ended in Dec. 2016 was $106 Mil. Cincinnati Bell Inc's cost of goods sold for the three months ended in Dec. 2016 was $162 Mil. Hence, Cincinnati Bell Inc's days payable for the three months ended in Dec. 2016 was 59.80.

CBB' s Days Payable Range Over the Past 10 Years
Min: 56.94   Max: 74.16
Current: 56.94

56.94
74.16

During the past 13 years, Cincinnati Bell Inc's highest Days Payable was 74.16. The lowest was 56.94. And the median was 66.07.

CBB's Days Payable is ranked lower than
57% of the 292 Companies
in the Global Telecom Services industry.

( Industry Median: 65.46 vs. CBB: 56.94 )

Cincinnati Bell Inc's days payable declined from Dec. 2015 (70.60) to Dec. 2016 (59.80). It may suggest that Cincinnati Bell Inc 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.

Cincinnati Bell Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=105.9/678.9*365
=56.94

Cincinnati Bell Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=105.9/161.6*365 / 4
=59.80

* 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.

Cincinnati Bell Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 63.1663.2165.5966.5471.8971.0258.1374.1670.1656.94

Cincinnati Bell Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 71.4469.2561.3869.5975.1470.6066.4076.1366.6859.80
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