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GuruFocus has detected 5 Warning Signs with DeVry Education Group Inc $DV.
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DeVry Education Group Inc (NYSE:DV)
Days Payable
18.22 (As of Dec. 2016)

DeVry Education Group Inc's payable for the three months ended in Dec. 2016 was $48 Mil. DeVry Education Group Inc's cost of goods sold for the three months ended in Dec. 2016 was $240 Mil. Hence, DeVry Education Group Inc's days payable for the three months ended in Dec. 2016 was 18.22.

DV' s Days Payable Range Over the Past 10 Years
Min: 17.64   Max: 51.05
Current: 17.64

17.64
51.05

During the past 13 years, DeVry Education Group Inc's highest Days Payable was 51.05. The lowest was 17.64. And the median was 24.66.

DV's Days Payable is ranked lower than
61% of the 90 Companies
in the Global Education & Training Services industry.

( Industry Median: 23.00 vs. DV: 17.64 )

DeVry Education Group Inc's days payable declined from Dec. 2015 (21.49) to Dec. 2016 (18.22). It may suggest that DeVry Education Group 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.

DeVry Education Group Inc's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=64.687/986.778*365
=23.93

DeVry Education Group Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=47.889/239.787*365 / 4
=18.22

* 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.

DeVry Education Group Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 25.7251.0539.0139.9325.3923.4920.9119.4023.0223.93

DeVry Education Group Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 23.1320.2821.0923.0522.2621.4919.5723.8220.9018.22
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