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Cenveo Inc (NYSE:CVO)
Days Payable
41.83 (As of Mar. 2016)

Cenveo Inc's payable for the three months ended in Mar. 2016 was $166 Mil. Cenveo Inc's cost of goods sold for the three months ended in Mar. 2016 was $362 Mil. Hence, Cenveo Inc's days payable for the three months ended in Mar. 2016 was 41.83.

CVO' s Days Payable Range Over the Past 10 Years
Min: 35.09   Max: 59.99
Current: 40.52

35.09
59.99

During the past 13 years, Cenveo Inc's highest Days Payable was 59.99. The lowest was 35.09. And the median was 44.50.

CVO's Days Payable is ranked higher than
52% of the 508 Companies
in the Global Business Services industry.

( Industry Median: 38.91 vs. CVO: 40.52 )

Cenveo Inc's days payable declined from Mar. 2015 (55.73) to Mar. 2016 (41.83). It may suggest that Cenveo 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.

Cenveo Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=200.12/1450.876*365
=50.34

Cenveo 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
=165.887/361.911*365 / 4
=41.83

* 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.

Cenveo Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 35.0937.0838.1048.1441.3744.0644.9359.9947.0350.34

Cenveo Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 82.8653.0153.0760.7049.9955.7349.1155.3545.5541.83
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