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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.
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
Cyberonics Inc's Days Accounts Payable for the quarter that ended in Jul. 2014 is calculated as:
Cyberonics Inc Annual Data
|Days Accts Payable||155.13||119.73||118.99||47.42||55.49||73.29||65.36||90.73||133.72||101.01|
Cyberonics Inc Quarterly Data
|Days Accts Payable||99.65||78.45||95.29||77.56||115.17||75.91||86.41||72.41||93.03||85.90|