Switch to:
GuruFocus has detected 6 Warning Signs with Ebix Inc $EBIX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Ebix Inc (NAS:EBIX)
Days Payable
67.28 (As of Dec. 2016)

Ebix Inc's payable for the three months ended in Dec. 2016 was $16.6 Mil. Ebix Inc's cost of goods sold for the three months ended in Dec. 2016 was $22.5 Mil. Hence, Ebix Inc's days payable for the three months ended in Dec. 2016 was 67.28.

EBIX' s Days Payable Range Over the Past 10 Years
Min: 29.23   Max: 91.5
Current: 71.2

29.23
91.5

During the past 13 years, Ebix Inc's highest Days Payable was 91.50. The lowest was 29.23. And the median was 45.71.

EBIX's Days Payable is ranked higher than
69% of the 1176 Companies
in the Global Software - Application industry.

( Industry Median: 41.35 vs. EBIX: 71.20 )

Ebix Inc's days payable increased from Dec. 2015 (32.18) to Dec. 2016 (67.28). It may suggest that Ebix 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.

Ebix Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=16.606/85.128*365
=71.20

Ebix 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
=16.606/22.522*365 / 4
=67.28

* 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.

Ebix Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 45.710.000.000.0031.7853.6740.7291.5029.2371.20

Ebix Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 0.0061.810.000.000.0032.180.000.000.0067.28
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