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Daktronics Inc (NAS:DAKT)
Days Payable
32.52 (As of Oct. 2016)

Daktronics Inc's payable for the three months ended in Oct. 2016 was $44.8 Mil. Daktronics Inc's cost of goods sold for the three months ended in Oct. 2016 was $125.7 Mil. Hence, Daktronics Inc's days payable for the three months ended in Oct. 2016 was 32.52.

DAKT' s Days Payable Range Over the Past 10 Years
Min: 25.98   Max: 58.16
Current: 35.85

25.98
58.16

During the past 13 years, Daktronics Inc's highest Days Payable was 58.16. The lowest was 25.98. And the median was 36.00.

DAKT's Days Payable is ranked lower than
74% of the 1773 Companies
in the Global Computer Systems industry.

( Industry Median: 57.63 vs. DAKT: 35.85 )

Daktronics Inc's days payable declined from Oct. 2015 (33.00) to Oct. 2016 (32.52). It may suggest that Daktronics 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.

Daktronics Inc's Days Payable for the fiscal year that ended in Apr. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=43.441/449.149*365
=35.30

Daktronics Inc's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=44.796/125.684*365 / 4
=32.52

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Daktronics Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
DaysPayable 52.8458.1625.9828.2932.3032.9136.7040.8540.8435.30

Daktronics Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 36.3537.3940.0839.1838.6933.0033.9835.8839.1132.52
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