Switch to:
Cryo-Cell International Inc (OTCPK:CCEL)
Days Payable
21.57 (As of May. 2014)

Cryo-Cell International Inc's payable for the three months ended in May. 2014 was $1.16 Mil. Cryo-Cell International Inc's revenue for the three months ended in May. 2014 was $4.89 Mil. Hence, Cryo-Cell International Inc's days payable for the three months ended in May. 2014 was 21.57.

Cryo-Cell International Inc's days payable declined from May. 2013 (23.93) to May. 2014 (21.57). It may suggest that Cryo-Cell International 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.

Cryo-Cell International Inc's Days Payable for the fiscal year that ended in Nov. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1.195/18.995*365
=22.96

Cryo-Cell International Inc's Days Payable for the quarter that ended in May. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1.16/4.893*91
=21.57

* 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.

Cryo-Cell International Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
DaysPayable 14.4412.1025.6439.5517.6615.5021.6420.4724.5822.96

Cryo-Cell International Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
DaysPayable 30.6624.2831.8022.8328.5923.9323.4623.1124.3921.57
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)
Free 7-day Trial
FEEDBACK