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Cryo-Cell International Inc (OTCPK:CCEL)
Days Payable
63.21 (As of Aug. 2014)

Cryo-Cell International Inc's payable for the three months ended in Aug. 2014 was $1.04 Mil. Cryo-Cell International Inc's cost of goods sold for the three months ended in Aug. 2014 was $1.50 Mil. Hence, Cryo-Cell International Inc's days payable for the three months ended in Aug. 2014 was 63.21.

Cryo-Cell International Inc's days payable declined from Aug. 2013 (83.53) to Aug. 2014 (63.21). 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/Cost of Goods Sold*Days in Period
=1.195/5.322*365
=81.96

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1.039/1.5*365 / 4
=63.21

* 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 55.7442.2072.60104.7649.9160.3985.3283.3990.3581.96

Cryo-Cell International Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 89.06109.2183.33103.0184.8183.5383.4397.5471.0463.21
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