Switch to:
Layne Christensen Co (NAS:LAYN)
Days Payable
48.45 (As of Jul. 2016)

Layne Christensen Co's payable for the three months ended in Jul. 2016 was $69.2 Mil. Layne Christensen Co's cost of goods sold for the three months ended in Jul. 2016 was $130.4 Mil. Hence, Layne Christensen Co's days payable for the three months ended in Jul. 2016 was 48.45.

LAYN' s Days Payable Range Over the Past 10 Years
Min: 34.47   Max: 69.81
Current: 47.11

34.47
69.81

During the past 13 years, Layne Christensen Co's highest Days Payable was 69.81. The lowest was 34.47. And the median was 45.32.

LAYN's Days Payable is ranked lower than
67% of the 639 Companies
in the Global Engineering & Construction industry.

( Industry Median: 82.73 vs. LAYN: 47.11 )

Layne Christensen Co's days payable increased from Jul. 2015 (39.87) to Jul. 2016 (48.45). It may suggest that Layne Christensen Co 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.

Layne Christensen Co's Days Payable for the fiscal year that ended in Jan. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=68.548/570.078*365
=43.89

Layne Christensen Co's Days Payable for the quarter that ended in Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=69.217/130.354*365 / 4
=48.45

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Layne Christensen Co Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 58.7938.7846.7569.2269.8143.7937.6734.4747.5443.89

Layne Christensen Co Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 45.2445.2448.0546.8851.6539.8741.8947.1548.5248.45
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)
FEEDBACK