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CSS Industries Inc (NYSE:CSS)
Days Payable
18.15 (As of Mar. 2014)

CSS Industries Inc's payable for the three months ended in Mar. 2014 was $10.9 Mil. CSS Industries Inc's revenue for the three months ended in Mar. 2014 was $54.6 Mil. Hence, CSS Industries Inc's days payable for the three months ended in Mar. 2014 was 18.15.

CSS Industries Inc's days payable declined from Mar. 2013 (24.46) to Mar. 2014 (18.15). It may suggest that CSS Industries 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.

CSS Industries Inc's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=10.881/320.459*365
=12.39

CSS Industries Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=10.881/54.56*91
=18.15

* 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.

CSS Industries Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysPayable 10.4410.078.4013.3910.9016.4024.5616.6014.4512.39

CSS Industries Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 26.040.000.000.0024.460.000.000.0018.1532.12
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