API Technologies (API Technologies) Days Payable

: 47.59 (As of Feb. 2016)

View and export this data going back to . Start your Free Trial

API Technologies's average Accounts Payable for the three months ended in Feb. 2016 was $21.2 Mil. API Technologies's Cost of Goods Sold for the three months ended in Feb. 2016 was $40.6 Mil. Hence, API Technologies's Days Payable for the three months ended in Feb. 2016 was 47.59.

The historical rank and industry rank for API Technologies's Days Payable or its related term are showing as below:

ATNY's Days Payable is not ranked ^*
in the Semiconductors industry.
Industry Median: 51.635
* Ranked among companies with meaningful Days Payable only.

API Technologies's Days Payable increased from Feb. 2015 (43.01) to Feb. 2016 (47.59). It may suggest that API Technologies delayed paying its suppliers.

API Technologies Days Payable Historical Data

The historical data trend for API Technologies's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

API Technologies Annual Data

Trend

Jan06

May07

May08

May09

May10

May11

Nov12

Nov13

Nov14

Nov15

Days Payable

41.66

45.78

42.67

39.22

40.67

API Technologies Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Days Payable																43.01	47.30	44.00	45.03	47.59

Competitive Comparison

For the Semiconductors subindustry, API Technologies's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

API Technologies Days Payable Distribution

For the Semiconductors industry and Technology sector, API Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where API Technologies's Days Payable falls into.

API Technologies Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

API Technologies's Days Payable for the fiscal year that ended in Nov. 2015 is calculated as

	Days Payable (A: Nov. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2014 )	+	Accounts Payable (A: Nov. 2015 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2015 )	*	Days in Period
=	( (16.843	+	22.493)	/	2 )	/	176.53	*	365
=	19.668					/	176.53	*	365
=	40.67

API Technologies's Days Payable for the quarter that ended in Feb. 2016 is calculated as:

	Days Payable (Q: Feb. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2015 )	+	Accounts Payable (Q: Feb. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2016 )	*	Days in Period
=	( (22.493	+	19.843)	/	2 )	/	40.59	*	365 / 4
=	21.168					/	40.59	*	365 / 4
=	47.59

API Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of API Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

API Technologies (API Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » API Technologies Corp (NAS:ATNY) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Website

http://www.apitech.com

API Technologies Corp was incorporated on February 2, 1999 under the laws of the State of Delaware under the name Rubicon Ventures Inc. On November 6, 2006, API changed its name to "API Nanotronics Corp," and subsequently changed its name to API Technologies Corp. on October 22, 2009. The Company through its three business segments-Systems, Subsystems & Components, Electronic Manufacturing Services and Secure Systems & Information Assurance. It designs, develops and manufactures systems, subsystems, RF and secure solutions, as well as provides electronics manufacturing and high-quality engineering services for technically demanding, high-reliability applications. Solutions areas include systems, subsystems and components which includes RF/microwave and microelectronics products, electromagnetics, power and systems solutions products, and sensors, Secure Systems and Information Assurance includes TEMPEST and emanation security, rugged communications products, encryption, and secure networking products and Electronics Manufacturing Services, which involves the production of circuit card assemblies, electromechanical assemblies, and box builds used in defense, industrial and commercial applications. The Company also operates several manufacturing facilities throughout North America, the United Kingdom, Mexico and China. Its customer base spans defense, aerospace, industrial, communications, medical, and government agencies, including the governments of the United States, Canada, the United Kingdom, & other countries. The Company is subject to federal contracting laws and regulations, including the U.S. Federal Acquisition Regulation (FAR) and the False Claims Act.

Executives

Robert Tavares	director, officer: President and CEO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Eric F. Seeton	officer: Chief Financial Officer	103 HILL STREET, SHREWSBURY MA 01545
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Steel Excel Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Kenneth J Krieg	director	7111 XAVIER COURT, MCLEAN VA 22101
Matthew E Avril	director	C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVE, WHITE PLAINS NY 10604
Claudio A Mannarino	officer: Sr VP & CFO	229 COLONNADE ROAD, NEPEAN A6 K2E 7K3
Senator Investment Group Lp	10 percent owner	510 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10022
Douglas Silverman	10 percent owner	C/O SENATOR INVESTMENT GROUP LP 510 MADISON AVENUE, 28TH FLOOR NEW YORK NY 10022
Bel Lazar	officer: President & CEO	4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Jason Dezwirek	other: Former Dir, Sec & 10% owner	2300 YONGE STREET, SUITE 1710, TORONTO A6 M4P 1E4

API Technologies (API Technologies) Headlines

From GuruFocus

(ATNY) CEO Phillip Dezwirek buys 41,096 Shares

By GuruFocus Research GuruFocus Editor • 11-19-2010

APITech Highlights New Space Components and Testing Solutions at Industry Panel

By PRNewswire PRNewswire • 05-11-2021

(ATNY) CEO Phillip Dezwirek buys 12,070 Shares

By GuruFocus Research GuruFocus Editor • 11-17-2010