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CommVault Systems Inc's accounts payable for the three months ended in Sep. 2014 was $1.3 Mil. CommVault Systems Inc's cost of goods sold for the three months ended in Sep. 2014 was $20.3 Mil. Hence, CommVault Systems Inc's days accounts payable for the three months ended in Sep. 2014 was 5.96.
CommVault Systems Inc's days accounts payable declined from Sep. 2013 (20.75) to Sep. 2014 (5.96). It may suggest that CommVault Systems Inc accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
CommVault Systems Inc's Days Accounts Payable for the fiscal year that ended in Mar. 2014 is calculated as
CommVault Systems Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
CommVault Systems Inc Annual Data
|Days Accts Payable||55.84||38.09||25.25||30.00||21.41||19.36||14.75||12.62||21.69||5.98|
CommVault Systems Inc Quarterly Data
|Days Accts Payable||13.18||14.07||14.92||19.73||28.66||20.75||14.88||5.59||6.18||5.96|