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Exceed Co Ltd (NAS:EDS)
Days Payable
14.97 (As of Dec. 2013)

Exceed Co Ltd's payable for the three months ended in Dec. 2013 was $9.7 Mil. Exceed Co Ltd's cost of goods sold for the three months ended in Dec. 2013 was $59.4 Mil. Hence, Exceed Co Ltd's days payable for the three months ended in Dec. 2013 was 14.97.

Exceed Co Ltd's days payable increased from Dec. 2012 (2.96) to Dec. 2013 (14.97). It may suggest that Exceed Co Ltd 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.

Exceed Co Ltd's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9.73987487652/195.695917023*365
=18.17

Exceed Co Ltd's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9.73987487652/59.3641751729*365 / 4
=14.97

* 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.

Exceed Co Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.0032.0248.7221.819.531.8918.17

Exceed Co Ltd Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 15.2510.6429.3817.5910.352.9618.6517.9719.6414.97
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