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II-VI Inc (NAS:IIVI)
Days Payable
34.04 (As of Mar. 2016)

II-VI Inc's payable for the three months ended in Mar. 2016 was $47.5 Mil. II-VI Inc's cost of goods sold for the three months ended in Mar. 2016 was $127.4 Mil. Hence, II-VI Inc's days payable for the three months ended in Mar. 2016 was 34.04.

IIVI' s Days Payable Range Over the Past 10 Years
Min: 19.16   Max: 38.28
Current: 35.62

19.16
38.28

During the past 13 years, II-VI Inc's highest Days Payable was 38.28. The lowest was 19.16. And the median was 31.81.

IIVI's Days Payable is ranked lower than
71% of the 1871 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 54.31 vs. IIVI: 35.62 )

II-VI Inc's days payable increased from Mar. 2015 (31.95) to Mar. 2016 (34.04). It may suggest that II-VI 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.

II-VI Inc's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=45.275/470.363*365
=35.13

II-VI Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=47.545/127.436*365 / 4
=34.04

* 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.

II-VI Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 25.0535.0732.2119.1638.2830.9231.4123.8936.5935.13

II-VI Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 34.4836.7633.2537.1431.3231.9533.9530.4329.5034.04
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