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Kratos Defense & Security Solutions Inc (NAS:KTOS)
Days Payable
32.57 (As of Dec. 2015)

Kratos Defense & Security Solutions Inc's payable for the three months ended in Dec. 2015 was $48.3 Mil. Kratos Defense & Security Solutions Inc's cost of goods sold for the three months ended in Dec. 2015 was $135.3 Mil. Hence, Kratos Defense & Security Solutions Inc's days payable for the three months ended in Dec. 2015 was 32.57.

KTOS' s Days Payable Range Over the Past 10 Years
Min: 25.33   Max: 51.34
Current: 34.45

25.33
51.34

During the past 13 years, Kratos Defense & Security Solutions Inc's highest Days Payable was 51.34. The lowest was 25.33. And the median was 35.46.

KTOS's Days Payable is ranked lower than
68% of the 179 Companies
in the Global Security & Protection Services industry.

( Industry Median: 50.43 vs. KTOS: 34.45 )

Kratos Defense & Security Solutions Inc's days payable increased from Dec. 2014 (27.69) to Dec. 2015 (32.57). It may suggest that Kratos Defense & Security Solutions 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.

Kratos Defense & Security Solutions 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
=48.3/495.3*365
=35.59

Kratos Defense & Security Solutions 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
=48.3/135.3*365 / 4
=32.57

* 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.

Kratos Defense & Security Solutions Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 48.2051.1528.1825.3351.3434.0842.8635.3227.8935.59

Kratos Defense & Security Solutions Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 30.2454.7329.8240.9830.2527.6928.6035.2521.1432.57
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