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Cardiovascular Systems Inc (NAS:CSII)
Days Payable
78.77 (As of Jun. 2016)

Cardiovascular Systems Inc's payable for the three months ended in Jun. 2016 was $8.5 Mil. Cardiovascular Systems Inc's cost of goods sold for the three months ended in Jun. 2016 was $9.9 Mil. Hence, Cardiovascular Systems Inc's days payable for the three months ended in Jun. 2016 was 78.77.

CSII' s Days Payable Range Over the Past 10 Years
Min: 81.57   Max: 149.32
Current: 88.56

81.57
149.32

During the past 13 years, Cardiovascular Systems Inc's highest Days Payable was 149.32. The lowest was 81.57. And the median was 106.82.

CSII's Days Payable is ranked higher than
67% of the 258 Companies
in the Global Medical Devices industry.

( Industry Median: 57.49 vs. CSII: 88.56 )

Cardiovascular Systems Inc's days payable declined from Jun. 2015 (81.93) to Jun. 2016 (78.77). It may suggest that Cardiovascular Systems 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.

Cardiovascular Systems Inc's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.506/35.421*365
=87.65

Cardiovascular Systems Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.506/9.854*365 / 4
=78.77

* 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.

Cardiovascular Systems Inc Annual Data

Dec07Dec08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 0.000.00107.0881.57116.18106.56108.23149.3290.1787.65

Cardiovascular Systems Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 127.13186.88178.69153.5581.93102.1193.9987.2078.7784.47
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