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GuruFocus has detected 5 Warning Signs with Maxwell Technologies Inc $MXWL.
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Maxwell Technologies Inc (NAS:MXWL)
Days Payable
57.81 (As of Dec. 2016)

Maxwell Technologies Inc's payable for the three months ended in Dec. 2016 was $13.1 Mil. Maxwell Technologies Inc's cost of goods sold for the three months ended in Dec. 2016 was $20.7 Mil. Hence, Maxwell Technologies Inc's days payable for the three months ended in Dec. 2016 was 57.81.

MXWL' s Days Payable Range Over the Past 10 Years
Min: 38.75   Max: 72.76
Current: 54.2

38.75
72.76

During the past 13 years, Maxwell Technologies Inc's highest Days Payable was 72.76. The lowest was 38.75. And the median was 54.20.

MXWL's Days Payable is ranked lower than
56% of the 1756 Companies
in the Global Electronic Components industry.

( Industry Median: 60.05 vs. MXWL: 54.20 )

Maxwell Technologies Inc's days payable increased from Dec. 2015 (57.17) to Dec. 2016 (57.81). It may suggest that Maxwell Technologies 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.

Maxwell Technologies Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.109/88.274*365
=54.20

Maxwell Technologies Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.109/20.692*365 / 4
=57.81

* 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.

Maxwell Technologies Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 39.380.0043.9872.7661.5657.2047.4038.7569.8954.20

Maxwell Technologies Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 0.0033.260.000.000.0057.170.000.000.0057.81
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