Switch to:
Heartland Payment Systems Inc (NYSE:HPY)
Days Payable
10.82 (As of Dec. 2015)

Heartland Payment Systems Inc's payable for the three months ended in Dec. 2015 was $70 Mil. Heartland Payment Systems Inc's cost of goods sold for the three months ended in Dec. 2015 was $594 Mil. Hence, Heartland Payment Systems Inc's days payable for the three months ended in Dec. 2015 was 10.82.

HPY' s Days Payable Range Over the Past 10 Years
Min: 6.15   Max: 14.08
Current: 11.21

6.15
14.08

During the past 13 years, Heartland Payment Systems Inc's highest Days Payable was 14.08. The lowest was 6.15. And the median was 9.28.

HPY's Days Payable is ranked lower than
82% of the 502 Companies
in the Global Business Services industry.

( Industry Median: 39.24 vs. HPY: 11.21 )

Heartland Payment Systems Inc's days payable increased from Dec. 2014 (10.29) to Dec. 2015 (10.82). It may suggest that Heartland Payment Systems Inc 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.

Heartland Payment Systems Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=70.418/2292.843*365
=11.21

Heartland Payment Systems Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=70.418/593.941*365 / 4
=10.82

* 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.

Heartland Payment Systems Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 6.156.256.747.878.999.5613.2614.0810.6611.21

Heartland Payment Systems Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 12.5714.1413.1912.6710.6410.299.529.228.8510.82
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)

GuruFocus Premium Plus Membership

FEEDBACK