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Gyrodyne Company of America (NAS:GYRO)
Days Payable
1,207.85 (As of Mar. 2014)

Gyrodyne Company of America's payable for the three months ended in Mar. 2014 was $17.26 Mil. Gyrodyne Company of America's revenue for the three months ended in Mar. 2014 was $1.30 Mil. Hence, Gyrodyne Company of America's days payable for the three months ended in Mar. 2014 was 1,207.85.

Gyrodyne Company of America's days payable increased from Mar. 2013 (71.37) to Mar. 2014 (1,207.85). It may suggest that Gyrodyne Company of America 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.

Gyrodyne Company of America's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=18.329/5.03*365
=1,330.04

Gyrodyne Company of America's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=17.255/1.3*91
=1,207.85

* 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.

Gyrodyne Company of America Annual Data

Apr04Apr05Apr06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 40.7536.70206.62111.7083.33111.0076.8054.2969.581,330.04

Gyrodyne Company of America Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 54.4954.4257.3882.4171.4671.3774.297,219.641,345.111,207.85
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