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Globecomm Systems, Inc. (NAS:GCOM)
Days Payable
33.89 (As of Sep. 2013)

Globecomm Systems, Inc.'s payable for the three months ended in Sep. 2013 was $21.3 Mil. Globecomm Systems, Inc.'s revenue for the three months ended in Sep. 2013 was $57.3 Mil. Hence, Globecomm Systems, Inc.'s days payable for the three months ended in Sep. 2013 was 33.89.

Globecomm Systems, Inc.'s days payable declined from Sep. 2012 (38.16) to Sep. 2013 (33.89). It may suggest that Globecomm Systems, 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.

Globecomm Systems, Inc.'s Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=21.943/319.614*365
=25.06

Globecomm Systems, Inc.'s Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=21.328/57.262*91
=33.89

* 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.

Globecomm Systems, Inc. Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
DaysPayable 64.6651.7955.0858.5247.6448.1959.1741.8032.5125.06

Globecomm Systems, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
DaysPayable 32.3844.0639.2632.9029.5338.1639.6535.9924.7633.89
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