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Neptune Technologies & Bioressources Inc (NAS:NEPT)
Days Payable
374.26 (As of May. 2014)

Neptune Technologies & Bioressources Inc's payable for the three months ended in May. 2014 was $14.02 Mil. Neptune Technologies & Bioressources Inc's revenue for the three months ended in May. 2014 was $3.41 Mil. Hence, Neptune Technologies & Bioressources Inc's days payable for the three months ended in May. 2014 was 374.26.

Neptune Technologies & Bioressources Inc's days payable increased from May. 2013 (128.82) to May. 2014 (374.26). It may suggest that Neptune Technologies & Bioressources 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.

Neptune Technologies & Bioressources Inc's Days Payable for the fiscal year that ended in Feb. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=9.04410441044/17.5481548155*365
=188.12

Neptune Technologies & Bioressources Inc's Days Payable for the quarter that ended in May. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=14.0166204986/3.4081255771*91
=374.26

* 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.

Neptune Technologies & Bioressources Inc Annual Data

May04May05May06May07May08Feb10Feb11Feb12Feb13Feb14
DaysPayable 193.3180.7376.4666.430.000.0034.2694.8871.90188.12

Neptune Technologies & Bioressources Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
DaysPayable 84.49118.95103.19159.4599.53128.82171.57244.54249.49374.26
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