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Exceed Company Ltd. (NAS:EDS)
Days Payable
15.55 (As of Sep. 2013)

Exceed Company Ltd.'s payable for the three months ended in Sep. 2013 was $13.5 Mil. Exceed Company Ltd.'s revenue for the three months ended in Sep. 2013 was $78.9 Mil. Hence, Exceed Company Ltd.'s days payable for the three months ended in Sep. 2013 was 15.55.

Exceed Company Ltd.'s days payable increased from Sep. 2012 (8.35) to Sep. 2013 (15.55). It may suggest that Exceed Company 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 Company Ltd.'s Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=3.69302475088/383.078752813*365
=3.52

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

Days Payable=Payable/Revenue*Days in Period
=13.4941831886/78.9447812551*91
=15.55

* 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 Company Ltd. Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysPayable 0.000.000.000.000.0026.7434.8716.758.853.52

Exceed Company Ltd. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
DaysPayable 15.3012.689.9422.7513.358.355.5915.1814.6915.55
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