Switch to:
Heartland Payment Systems Inc (NYSE:HPY)
Days Payable
19.97 (As of Mar. 2014)

Heartland Payment Systems Inc's payable for the three months ended in Mar. 2014 was $115 Mil. Heartland Payment Systems Inc's revenue for the three months ended in Mar. 2014 was $523 Mil. Hence, Heartland Payment Systems Inc's days payable for the three months ended in Mar. 2014 was 19.97.

Heartland Payment Systems Inc's days payable increased from Mar. 2013 (13.29) to Mar. 2014 (19.97). 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. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=106.728/2026.559*365
=19.22

Heartland Payment Systems Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=114.818/523.283*91
=19.97

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 16.4111.085.635.696.1124.8122.5620.5319.2215.37

Heartland Payment Systems Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 22.0922.9819.4519.6019.2913.2911.8917.7715.4319.97
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
Email Hide