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Majesco Entertainment Co (NAS:COOL)
Days Payable
298.55 (As of Jul. 2016)

Majesco Entertainment Co's payable for the six months ended in Jul. 2016 was $0.30 Mil. Majesco Entertainment Co's cost of goods sold for the six months ended in Jul. 2016 was $0.09 Mil. Hence, Majesco Entertainment Co's days payable for the six months ended in Jul. 2016 was 597.09.

COOL' s Days Payable Range Over the Past 10 Years
Min: 1.17   Max: 355.55
Current: 355.55

1.17
355.55

During the past 13 years, Majesco Entertainment Co's highest Days Payable was 355.55. The lowest was 1.17. And the median was 27.41.

COOL's Days Payable is ranked higher than
96% of the 1331 Companies
in the Global Electronic Gaming & Multimedia industry.

( Industry Median: 43.28 vs. COOL: 355.55 )

Majesco Entertainment Co's days payable declined from Jan. 2016 (838.56) to Jul. 2016 (298.55). It may suggest that Majesco Entertainment Co 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.

Majesco Entertainment Co's Days Payable for the fiscal year that ended in Oct. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.479/3.423*365
=51.08

Majesco Entertainment Co's Days Payable for the quarter that ended in Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.301/0.092*365 / 2
=597.09

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Majesco Entertainment Co Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysPayable 84.9981.1413.301.170.0027.4119.9346.1317.8751.08

Majesco Entertainment Co Semi-Annual Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 88.1269.1324.7726.2062.11143.711,285.55838.56251.85298.55
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