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GuruFocus has detected 4 Warning Signs with PolarityTE Inc $COOL.
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PolarityTE Inc (NAS:COOL)
Days Payable
1,078.41 (As of Oct. 2016)

PolarityTE Inc's payable for the three months ended in Oct. 2016 was $0.13 Mil. PolarityTE Inc's cost of goods sold for the three months ended in Oct. 2016 was $0.01 Mil. Hence, PolarityTE Inc's days payable for the three months ended in Oct. 2016 was 1,078.41.

COOL' s Days Payable Range Over the Past 10 Years
Min: 1.17   Max: 165.91
Current: 165.91

1.17
165.91

During the past 13 years, PolarityTE Inc's highest Days Payable was 165.91. The lowest was 1.17. And the median was 27.41.

COOL's Days Payable is ranked higher than
89% of the 1009 Companies
in the Global Health Information Services industry.

( Industry Median: 39.59 vs. COOL: 165.91 )

PolarityTE Inc's days payable declined from Oct. 2015 (1,285.55) to Oct. 2016 (1,078.41). It may suggest that PolarityTE Inc 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.

PolarityTE Inc's Days Payable for the fiscal year that ended in Oct. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.13/0.286*365
=165.91

PolarityTE Inc's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.13/0.011*365 / 4
=1,078.41

* 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.

PolarityTE Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysPayable 81.1413.301.170.0027.4119.9346.1317.8751.08165.91

PolarityTE Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 69.1324.7726.2062.11143.711,285.55838.56251.85298.551,078.41
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