Switch to:
Cantel Medical Corporation (NYSE:CMN)
Days Payable
11.23 (As of Jan. 2014)

Cantel Medical Corporation's payable for the three months ended in Jan. 2014 was $14.7 Mil. Cantel Medical Corporation's revenue for the three months ended in Jan. 2014 was $119.0 Mil. Hence, Cantel Medical Corporation's days payable for the three months ended in Jan. 2014 was 11.23.

Cantel Medical Corporation's days payable increased from Jan. 2013 (10.89) to Jan. 2014 (11.23). It may suggest that Cantel Medical Corporation 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.

Cantel Medical Corporation's Days Payable for the fiscal year that ended in Jul. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0/425.026*365
=0.00

Cantel Medical Corporation's Days Payable for the quarter that ended in Jan. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=14.69/119.042*91
=11.23

* 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.

Cantel Medical Corporation Annual Data

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
DaysPayable 30.6317.5215.3116.0514.2327.6727.1532.0911.660.00

Cantel Medical Corporation Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysPayable 28.7914.0811.5111.3816.8110.8912.6110.6413.5511.23
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
Hide