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Layne Christensen Co (NAS:LAYN)
Days Payable
41.89 (As of Oct. 2015)

Layne Christensen Co's payable for the three months ended in Oct. 2015 was $65.6 Mil. Layne Christensen Co's cost of goods sold for the three months ended in Oct. 2015 was $142.9 Mil. Hence, Layne Christensen Co's days payable for the three months ended in Oct. 2015 was 41.89.

LAYN' s Days Payable Range Over the Past 10 Years
Min: 33.37   Max: 69.81
Current: 35.15

33.37
69.81

During the past 13 years, Layne Christensen Co's highest Days Payable was 69.81. The lowest was 33.37. And the median was 45.22.

LAYN's Days Payable is ranked lower than
79% of the 726 Companies
in the Global Engineering & Construction industry.

( Industry Median: 78.12 vs. LAYN: 35.15 )

Layne Christensen Co's days payable declined from Oct. 2014 (48.05) to Oct. 2015 (41.89). It may suggest that Layne Christensen Co 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.

Layne Christensen Co's Days Payable for the fiscal year that ended in Jan. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=82.556/682.559*365
=44.15

Layne Christensen Co's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=65.623/142.941*365 / 4
=41.89

* 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.

Layne Christensen Co Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
DaysPayable 46.2858.7938.7846.7569.2269.8143.7036.0633.3744.15

Layne Christensen Co Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 37.8641.4238.6345.2445.2448.0533.2546.0439.8741.89
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