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

Exceed Co Ltd's accounts payable for the three months ended in Dec. 2013 was $9.8 Mil. Exceed Co Ltd's cost of goods sold for the three months ended in Dec. 2013 was $59.6 Mil. Hence, Exceed Co Ltd's days accounts payable for the three months ended in Dec. 2013 was 14.97.

Exceed Co Ltd's days accounts 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 Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=9.77689638076/196.439762023*365
=18.17

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=9.77689638076/59.5898198645*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

Accounts Payable, COGS


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
Days Accts Payable 0.000.000.000.0032.0248.7221.819.531.8918.17

Exceed Co Ltd Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Days Accts Payable 15.2510.6429.3817.5910.352.9618.6517.9719.6414.97
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)
Free 7-day Trial
FEEDBACK