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Fluidigm Corp (NAS:FLDM)
Days Payable
58.13 (As of Sep. 2014)

Fluidigm Corp's payable for the three months ended in Sep. 2014 was $7.28 Mil. Fluidigm Corp's cost of goods sold for the three months ended in Sep. 2014 was $11.42 Mil. Hence, Fluidigm Corp's days payable for the three months ended in Sep. 2014 was 58.13.

Fluidigm Corp's days payable declined from Sep. 2013 (60.49) to Sep. 2014 (58.13). It may suggest that Fluidigm Corp 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.

Fluidigm Corp'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
=4.353/20.204*365
=78.64

Fluidigm Corp's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7.276/11.421*365 / 4
=58.13

* 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.

Fluidigm Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.00156.37283.05124.8170.6799.44110.9660.8578.64

Fluidigm Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 76.5886.7653.7868.8637.3760.4966.9783.8870.0058.13
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