Switch to:
GuruFocus has detected 5 Warning Signs with Daktronics Inc $DAKT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Daktronics Inc (NAS:DAKT)
Days Payable
38.21 (As of Jan. 2017)

Daktronics Inc's payable for the three months ended in Jan. 2017 was $38.7 Mil. Daktronics Inc's cost of goods sold for the three months ended in Jan. 2017 was $92.4 Mil. Hence, Daktronics Inc's days payable for the three months ended in Jan. 2017 was 38.21.

DAKT' s Days Payable Range Over the Past 10 Years
Min: 25.98   Max: 58.16
Current: 31.62

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
80% of the 1756 Companies
in the Global Computer Systems industry.

( Industry Median: 60.05 vs. DAKT: 31.62 )

Daktronics Inc's days payable increased from Jan. 2016 (33.98) to Jan. 2017 (38.21). It may suggest that Daktronics 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.

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 Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=38.688/92.403*365 / 4
=38.21

* 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

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 37.3940.0839.1838.6933.0033.9835.8839.1132.5238.21
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK