Switch to:
Crown Crafts Inc (NAS:CRWS)
Days Payable
23.52 (As of Mar. 2016)

Crown Crafts Inc's payable for the three months ended in Mar. 2016 was $4.64 Mil. Crown Crafts Inc's cost of goods sold for the three months ended in Mar. 2016 was $18.00 Mil. Hence, Crown Crafts Inc's days payable for the three months ended in Mar. 2016 was 23.52.

CRWS' s Days Payable Range Over the Past 10 Years
Min: 24.06   Max: 45.9
Current: 27.98

24.06
45.9

During the past 13 years, Crown Crafts Inc's highest Days Payable was 45.90. The lowest was 24.06. And the median was 31.16.

CRWS's Days Payable is ranked lower than
79% of the 554 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: 50.80 vs. CRWS: 27.98 )

Crown Crafts Inc's days payable increased from Mar. 2015 (21.15) to Mar. 2016 (23.52). It may suggest that Crown Crafts 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.

Crown Crafts Inc's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.64/60.529*365
=27.98

Crown Crafts Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.64/18.003*365 / 4
=23.52

* 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.

Crown Crafts Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 24.0636.4132.6130.8424.8833.8145.9031.4726.1527.98

Crown Crafts Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 59.8526.1960.6248.1949.6321.1552.0638.7943.9823.52
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK