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NetSuite Inc (NYSE:N)
Days Payable
24.07 (As of Sep. 2015)

NetSuite Inc's payable for the three months ended in Sep. 2015 was $17.4 Mil. NetSuite Inc's cost of goods sold for the three months ended in Sep. 2015 was $66.1 Mil. Hence, NetSuite Inc's days payable for the three months ended in Sep. 2015 was 24.07.

N' s Days Payable Range Over the Past 10 Years
Min: 7.46   Max: 43.99
Current: 5.27

7.46
43.99

During the past 13 years, NetSuite Inc's highest Days Payable was 43.99. The lowest was 7.46. And the median was 13.17.

N's Days Payable is ranked lower than
93% of the 1290 Companies
in the Global Software - Application industry.

( Industry Median: 44.10 vs. N: 5.27 )

NetSuite Inc's days payable increased from Sep. 2014 (13.14) to Sep. 2015 (24.07). It may suggest that NetSuite 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.

NetSuite 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
=5.082/176.81*365
=10.49

NetSuite 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
=17.437/66.096*365 / 4
=24.07

* 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.

NetSuite Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 28.1030.1421.747.468.829.8113.2813.0610.495.27

NetSuite Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 14.5311.959.426.8513.149.187.897.9224.074.77
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