Switch to:
Kratos Defense & Security Solutions Inc (NAS:KTOS)
Days Payable
21.14 (As of Sep. 2015)

Kratos Defense & Security Solutions Inc's payable for the three months ended in Sep. 2015 was $28.1 Mil. Kratos Defense & Security Solutions Inc's cost of goods sold for the three months ended in Sep. 2015 was $121.3 Mil. Hence, Kratos Defense & Security Solutions Inc's days payable for the three months ended in Sep. 2015 was 21.14.

KTOS' s Days Payable Range Over the Past 10 Years
Min: 25.33   Max: 81.39
Current: 17.39

25.33
81.39

During the past 13 years, Kratos Defense & Security Solutions Inc's highest Days Payable was 81.39. The lowest was 25.33. And the median was 38.47.

KTOS's Days Payable is ranked lower than
83% of the 177 Companies
in the Global Security & Protection Services industry.

( Industry Median: 52.69 vs. KTOS: 17.39 )

Kratos Defense & Security Solutions Inc's days payable declined from Sep. 2014 (30.25) to Sep. 2015 (21.14). It may suggest that Kratos Defense & Security Solutions Inc accelerated 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=48.4/649.8*365
=27.19

Kratos Defense & Security Solutions Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=28.1/121.3*365 / 4
=21.14

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 81.3948.2051.1528.1825.3351.3434.0842.8631.7927.19

Kratos Defense & Security Solutions Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 33.8830.2432.4229.8240.9830.2520.7228.6035.2521.14
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