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Digital Cinema Destinations Corp (NAS:DCIN)
Days Payable
18.88 (As of Mar. 2014)

Digital Cinema Destinations Corp's payable for the three months ended in Mar. 2014 was $2.09 Mil. Digital Cinema Destinations Corp's revenue for the three months ended in Mar. 2014 was $10.05 Mil. Hence, Digital Cinema Destinations Corp's days payable for the three months ended in Mar. 2014 was 18.88.

Digital Cinema Destinations Corp's days payable declined from Mar. 2013 (21.29) to Mar. 2014 (18.88). It may suggest that Digital Cinema Destinations Corp 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.

Digital Cinema Destinations Corp's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=2.662/31.184*365
=31.16

Digital Cinema Destinations Corp's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=2.086/10.054*91
=18.88

* 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.

Digital Cinema Destinations Corp Annual Data

Jun12Jun13
DaysPayable 0.000.000.000.000.000.000.000.00231.8331.16

Digital Cinema Destinations Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 131.65131.93101.570.020.0021.2921.6215.8516.1318.88
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