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Majesco Entertainment Co (NAS:COOL)
Days Payable
26.20 (As of Jan. 2015)

Majesco Entertainment Co's payable for the three months ended in Jan. 2015 was $0.61 Mil. Majesco Entertainment Co's cost of goods sold for the three months ended in Jan. 2015 was $2.11 Mil. Hence, Majesco Entertainment Co's days payable for the three months ended in Jan. 2015 was 26.20.

Majesco Entertainment Co's days payable increased from Jan. 2014 (0.00) to Jan. 2015 (26.20). It may suggest that Majesco Entertainment Co 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.

Majesco Entertainment Co's Days Payable for the fiscal year that ended in Oct. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1.403/28.663*365
=17.87

Majesco Entertainment Co's Days Payable for the quarter that ended in Jan. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.607/2.114*365 / 4
=26.20

* 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.

Majesco Entertainment Co Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
DaysPayable 110.4884.9981.1413.301.170.0027.4119.9346.1317.87

Majesco Entertainment Co Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
DaysPayable 20.3422.2651.39122.6243.380.0088.1269.1324.7726.20
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