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Concur Technologies Inc (NAS:CNQR)
Days Payable
38.12 (As of Sep. 2014)

Concur Technologies Inc's 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 payable for the three months ended in Sep. 2014 was 38.12.

Concur Technologies Inc's days payable increased from Sep. 2013 (28.06) to Sep. 2014 (38.12). It may suggest that Concur Technologies Inc 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.

Concur Technologies Inc's Days Payable for the fiscal year that ended in Sep. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=26.945/243.999*365
=40.31

Concur Technologies Inc's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=26.945/64.507*365 / 4
=38.12

* 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.

Concur Technologies Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
DaysPayable 18.5624.6035.0122.4118.2124.1733.0837.4034.9640.31

Concur Technologies Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 29.3935.6927.2137.0034.4328.0622.3522.7225.2338.12
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