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Cyberonics Inc (NAS:CYBX)
Days Accounts Payable
85.90 (As of Jul. 2014)

Cyberonics Inc's accounts payable for the three months ended in Jul. 2014 was $6.0 Mil. Cyberonics Inc's cost of goods sold for the three months ended in Jul. 2014 was $6.4 Mil. Hence, Cyberonics Inc's days accounts payable for the three months ended in Jul. 2014 was 85.90.

Cyberonics Inc's days accounts payable increased from Jul. 2013 (75.91) to Jul. 2014 (85.90). It may suggest that Cyberonics Inc delayed paying its suppliers.


Definition

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.

Cyberonics Inc's Days Accounts Payable for the fiscal year that ended in Apr. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=7.57/27.355*365
=101.01

Cyberonics Inc's Days Accounts Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=6.034/6.41*365 / 4
=85.90

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cyberonics Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Days Accts Payable 155.13119.73118.9947.4255.4973.2965.3690.73133.72101.01

Cyberonics Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Days Accts Payable 99.6578.4595.2977.56115.1775.9186.4172.4193.0385.90
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