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DeVry Education Group Inc (NYSE:DV)
Days Payable
10.01 (As of Mar. 2014)

DeVry Education Group Inc's payable for the three months ended in Mar. 2014 was $55 Mil. DeVry Education Group Inc's revenue for the three months ended in Mar. 2014 was $496 Mil. Hence, DeVry Education Group Inc's days payable for the three months ended in Mar. 2014 was 10.01.

DeVry Education Group Inc's days payable increased from Mar. 2013 (9.72) to Mar. 2014 (10.01). It may suggest that DeVry Education Group 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.

DeVry Education Group Inc's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=55.131/1964.375*365
=10.24

DeVry Education Group Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=54.594/496.117*91
=10.01

* 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

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
DaysPayable 12.7214.3417.2513.4123.5217.8717.2210.7510.8910.24

DeVry Education Group Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 8.938.9511.5311.6711.039.7210.4511.6611.6210.01
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