Switch to:
Finisar Corp (NAS:FNSR)
Days Accounts Payable
57.12 (As of Jul. 2014)

Finisar Corp's accounts payable for the three months ended in Jul. 2014 was $143 Mil. Finisar Corp's cost of goods sold for the three months ended in Jul. 2014 was $229 Mil. Hence, Finisar Corp's days accounts payable for the three months ended in Jul. 2014 was 57.12.

Finisar Corp's days accounts payable increased from Jul. 2013 (47.27) to Jul. 2014 (57.12). It may suggest that Finisar Corp 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.

Finisar Corp's Days Accounts Payable for the fiscal year that ended in Apr. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=119.439/759.834*365
=57.37

Finisar Corp's Days Accounts Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=143.224/228.819*365 / 4
=57.12

* 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.

Finisar Corp Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Days Accts Payable 54.0147.0253.0952.6047.4062.3043.7538.8741.8457.37

Finisar Corp Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Days Accts Payable 37.8439.9839.5336.0440.2347.2747.8446.8652.0357.12
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