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Neptune Technologies & Bioressources Inc (NAS:NEPT)
Days Payable
45.47 (As of Feb. 2015)

Neptune Technologies & Bioressources Inc's payable for the three months ended in Feb. 2015 was $3.62 Mil. Neptune Technologies & Bioressources Inc's cost of goods sold for the three months ended in Feb. 2015 was $7.26 Mil. Hence, Neptune Technologies & Bioressources Inc's days payable for the three months ended in Feb. 2015 was 45.47.

Neptune Technologies & Bioressources Inc's days payable declined from Feb. 2014 (295.18) to Feb. 2015 (45.47). It may suggest that Neptune Technologies & Bioressources Inc accelerated 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.61948955916/18.4718777502*365
=71.52

Neptune Technologies & Bioressources Inc's Days Payable for the quarter that ended in Feb. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.61948955916/7.26378110249*365 / 4
=45.47

* 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

May05May06May07May08Feb10Feb11Feb12Feb13Feb14Feb15
DaysPayable 90.0181.4285.800.000.0068.79200.18113.33203.7571.52

Neptune Technologies & Bioressources Inc Quarterly Data

Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15
DaysPayable 304.74101.54143.470.000.00295.180.000.000.0045.47
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