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Epiq Systems Inc (NAS:EPIQ)
Days Payable
31.42 (As of Jun. 2016)

Epiq Systems Inc's payable for the three months ended in Jun. 2016 was $25.3 Mil. Epiq Systems Inc's cost of goods sold for the three months ended in Jun. 2016 was $73.5 Mil. Hence, Epiq Systems Inc's days payable for the three months ended in Jun. 2016 was 31.42.

EPIQ' s Days Payable Range Over the Past 10 Years
Min: 27.53   Max: 47.95
Current: 30.66

27.53
47.95

During the past 13 years, Epiq Systems Inc's highest Days Payable was 47.95. The lowest was 27.53. And the median was 38.34.

EPIQ's Days Payable is ranked lower than
64% of the 1331 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.28 vs. EPIQ: 30.66 )

Epiq Systems Inc's days payable increased from Jun. 2015 (28.67) to Jun. 2016 (31.42). It may suggest that Epiq Systems 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.

Epiq Systems Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=28.704/284.35*365
=36.85

Epiq Systems Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25.298/73.466*365 / 4
=31.42

* 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.

Epiq Systems Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 37.6639.8541.0428.5547.9539.0136.6044.0227.5336.85

Epiq Systems Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 31.0424.0124.1928.4522.8228.6724.5336.1330.0631.42
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