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EXFO (EXFO) Days Payable : 145.71 (As of May. 2021)


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What is EXFO Days Payable?

EXFO's average Accounts Payable for the three months ended in May. 2021 was $48.4 Mil. EXFO's Cost of Goods Sold for the three months ended in May. 2021 was $30.3 Mil. Hence, EXFO's Days Payable for the three months ended in May. 2021 was 145.71.

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

EXFO' s Days Payable Range Over the Past 10 Years
Min: 44.92   Med: 65.38   Max: 121.06
Current: 121.06

During the past 13 years, EXFO's highest Days Payable was 121.06. The lowest was 44.92. And the median was 65.38.

EXFO's Days Payable is not ranked
in the Hardware industry.
Industry Median: 67.96 vs EXFO: 121.06

EXFO's Days Payable increased from May. 2020 (139.36) to May. 2021 (145.71). It may suggest that EXFO delayed paying its suppliers.


EXFO Days Payable Historical Data

The historical data trend for EXFO'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.

EXFO Days Payable Chart

EXFO Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.70 69.54 78.31 83.11 78.70

EXFO Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 139.36 91.55 92.89 127.86 145.71

Competitive Comparison of EXFO's Days Payable

For the Communication Equipment subindustry, EXFO'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.


EXFO's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, EXFO's Days Payable distribution charts can be found below:

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



EXFO 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.

EXFO's Days Payable for the fiscal year that ended in Aug. 2020 is calculated as

Days Payable (A: Aug. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2019 ) + Accounts Payable (A: Aug. 2020 )) / count ) / Cost of Goods Sold (A: Aug. 2020 )*Days in Period
=( (27.996 + 21.407) / 2 ) / 114.558*365
=24.7015 / 114.558*365
=78.70

EXFO's Days Payable for the quarter that ended in May. 2021 is calculated as:

Days Payable (Q: May. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2021 ) + Accounts Payable (Q: May. 2021 )) / count ) / Cost of Goods Sold (Q: May. 2021 )*Days in Period
=( (45.856 + 50.902) / 2 ) / 30.298*365 / 4
=48.379 / 30.298*365 / 4
=145.71

* 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.


EXFO Days Payable Related Terms

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EXFO (EXFO) Business Description

Traded in Other Exchanges
N/A
Address
400 Godin Avenue, Quebec, QC, CAN, G1M 2K2
EXFO Inc provides technology solutions for wireless and wireline network operators across the telecom industry. The company serves the communications service providers (CSPs) and data center, cloud and webscale operators with a field test, service assurance and analytics solutions, maintenance, and management of mobile networks. It offers test and service assurance solutions for 2G, 3G, and 4G/long-term evolution wireless networks. EXFO operates across the Americas where it generates the majority of its revenues, Europe, the Middle East and Africa (EMEA), and Asia-Pacific.