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Concur Technologies Inc's accounts payable for the three months ended in Sep. 2014 was $26.9 Mil. Concur Technologies Inc's cost of goods sold for the three months ended in Sep. 2014 was $64.5 Mil. Hence, Concur Technologies Inc's days accounts payable for the three months ended in Sep. 2014 was 38.12.
Concur Technologies Inc's days accounts payable increased from Sep. 2013 (28.06) to Sep. 2014 (38.12). It may suggest that Concur Technologies Inc delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Concur Technologies Inc's Days Accounts Payable for the fiscal year that ended in Sep. 2014 is calculated as
Concur Technologies Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Concur Technologies Inc Annual Data
|Days Accts Payable||18.56||24.60||35.01||22.41||17.56||24.11||33.08||37.40||34.96||40.31|
Concur Technologies Inc Quarterly Data
|Days Accts Payable||29.39||35.69||27.21||37.00||34.43||28.06||22.35||22.72||25.23||38.12|