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Cyberonics Inc (NAS:CYBX)
Days Payable
149.32 (As of Oct. 2015)

Cyberonics Inc's payable for the three months ended in Oct. 2015 was $15.6 Mil. Cyberonics Inc's cost of goods sold for the three months ended in Oct. 2015 was $9.5 Mil. Hence, Cyberonics Inc's days payable for the three months ended in Oct. 2015 was 149.32.

CYBX' s Days Payable Range Over the Past 10 Years
Min: 47.42   Max: 133.72
Current: 223.29

47.42
133.72

During the past 13 years, Cyberonics Inc's highest Days Payable was 133.72. The lowest was 47.42. And the median was 93.82.

CYBX's Days Payable is ranked higher than
91% of the 256 Companies
in the Global Medical Devices industry.

( Industry Median: 59.85 vs. CYBX: 223.29 )

Cyberonics Inc's days payable increased from Oct. 2014 (86.31) to Oct. 2015 (149.32). It may suggest that Cyberonics Inc delayed 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7.251/27.311*365
=96.91

Cyberonics Inc's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15.605/9.536*365 / 4
=149.32

* 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.

Cyberonics Inc Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
DaysPayable 119.73118.9947.4255.4973.2965.3690.73133.72101.0196.91

Cyberonics Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 75.9186.4172.4193.0385.9086.31107.0787.1256.03149.32
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