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DeVry Education Group Inc (NYSE:DV)
Days Payable
19.57 (As of Mar. 2016)

DeVry Education Group Inc's payable for the three months ended in Mar. 2016 was $54 Mil. DeVry Education Group Inc's cost of goods sold for the three months ended in Mar. 2016 was $253 Mil. Hence, DeVry Education Group Inc's days payable for the three months ended in Mar. 2016 was 19.57.

DV' s Days Payable Range Over the Past 10 Years
Min: 19.4   Max: 51.05
Current: 20.02

19.4
51.05

During the past 13 years, DeVry Education Group Inc's highest Days Payable was 51.05. The lowest was 19.40. And the median was 25.41.

DV's Days Payable is ranked lower than
57% of the 103 Companies
in the Global Education & Training Services industry.

( Industry Median: 22.42 vs. DV: 20.02 )

DeVry Education Group Inc's days payable declined from Mar. 2015 (21.09) to Mar. 2016 (19.57). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=63.083/1000.055*365
=23.02

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=54.222/252.867*365 / 4
=19.57

* 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.

DeVry Education Group Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 32.0025.7251.0539.0139.9325.0923.6020.9119.4023.02

DeVry Education Group Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 23.5520.5318.6225.2620.2821.0923.0522.2621.4919.57
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