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CDI (CDI) Days Payable : 24.84 (As of Jun. 2017)


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What is CDI Days Payable?

CDI's average Accounts Payable for the three months ended in Jun. 2017 was $37.3 Mil. CDI's Cost of Goods Sold for the three months ended in Jun. 2017 was $137.2 Mil. Hence, CDI's Days Payable for the three months ended in Jun. 2017 was 24.84.

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

CDI's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 47.39
* Ranked among companies with meaningful Days Payable only.

CDI's Days Payable increased from Jun. 2016 (17.25) to Jun. 2017 (24.84). It may suggest that CDI delayed paying its suppliers.


CDI Days Payable Historical Data

The historical data trend for CDI'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.

CDI Days Payable Chart

CDI Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.94 16.40 13.56 13.75 16.94

CDI Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 17.25 17.92 21.55 21.79 24.84

Competitive Comparison of CDI's Days Payable

For the Staffing & Employment Services subindustry, CDI'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.


CDI's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CDI's Days Payable distribution charts can be found below:

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



CDI 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.

CDI's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (30.262 + 34.923) / 2 ) / 702.247*365
=32.5925 / 702.247*365
=16.94

CDI's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (38.376 + 36.319) / 2 ) / 137.184*365 / 4
=37.3475 / 137.184*365 / 4
=24.84

* 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.


CDI Days Payable Related Terms

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


CDI (CDI) Business Description

Traded in Other Exchanges
N/A
Address
CDI Corp. is a staffing firm that provides temporary and permanent workers mainly in the engineering, IT servicing, and construction markets. At the end of 2007 approximately 20% of the firm's revenue was derived from the U.K. construction market and had 1,400 worldwide employees with 11,000 temporary workers on assignment. Based in Philadelphia, Pa., CDI traces its roots back to 1950.
Executives
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
Albert E Smith director
Scott J Freidheim director, officer: President and CEO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Paulett Eberhart other: Former Director and CEO C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Roger H Ballou director, officer: President and CEO C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Papadakis Constantine director 75 CRESTLINE RD, WAYNE NJ 19087
John Iii Fanelli officer: VP-Controller, CDI Corporation C/O CDI CORP., 1717 ARCH ST., 35TH FLOOR, PHILADELPHIA PA 19103
Gregory L Cowan officer: Former Sr. VP & CAO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Alan B Miller director 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406

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