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ExamWorks Group Inc (NYSE:EXAM)
Days Payable
40.21 (As of Sep. 2015)

ExamWorks Group Inc's payable for the three months ended in Sep. 2015 was $59.2 Mil. ExamWorks Group Inc's cost of goods sold for the three months ended in Sep. 2015 was $134.4 Mil. Hence, ExamWorks Group Inc's days payable for the three months ended in Sep. 2015 was 40.21.

EXAM' s Days Payable Range Over the Past 10 Years
Min: 41.88   Max: 77.72
Current: 40.83

41.88
77.72

During the past 7 years, ExamWorks Group Inc's highest Days Payable was 77.72. The lowest was 41.88. And the median was 59.35.

EXAM's Days Payable is ranked higher than
60% of the 182 Companies
in the Global Insurance Brokers industry.

( Industry Median: 20.00 vs. EXAM: 40.83 )

ExamWorks Group Inc's days payable declined from Sep. 2014 (43.64) to Sep. 2015 (40.21). It may suggest that ExamWorks Group Inc accelerated 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.

ExamWorks Group Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=57.033/497.038*365
=41.88

ExamWorks Group Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=59.24/134.446*365 / 4
=40.21

* 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.

ExamWorks Group Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.0071.2777.7270.4659.3549.8047.4341.88

ExamWorks Group Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 44.5446.1445.7848.6845.1343.6439.8640.8938.3040.21
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