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Cardiovascular Systems Inc (NAS:CSII)
Days Payable
102.11 (As of Sep. 2015)

Cardiovascular Systems Inc's payable for the three months ended in Sep. 2015 was $9.8 Mil. Cardiovascular Systems Inc's cost of goods sold for the three months ended in Sep. 2015 was $8.8 Mil. Hence, Cardiovascular Systems Inc's days payable for the three months ended in Sep. 2015 was 102.11.

CSII' s Days Payable Range Over the Past 10 Years
Min: 81.57   Max: 116.18
Current: 79.57

81.57
116.18

During the past 13 years, Cardiovascular Systems Inc's highest Days Payable was 116.18. The lowest was 81.57. And the median was 107.08.

CSII's Days Payable is ranked higher than
61% of the 255 Companies
in the Global Medical Devices industry.

( Industry Median: 60.71 vs. CSII: 79.57 )

Cardiovascular Systems Inc's days payable declined from Sep. 2014 (186.88) to Sep. 2015 (102.11). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9.763/39.52*365
=90.17

Cardiovascular Systems Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9.815/8.771*365 / 4
=102.11

* 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.

Cardiovascular Systems Inc Annual Data

Dec06Dec07Dec08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 0.000.000.00107.0881.57116.18106.56108.23114.0990.17

Cardiovascular Systems Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 113.26106.20133.4197.14186.88178.69153.5581.93102.1193.99
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