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Higher One Holdings Inc (NYSE:ONE)
Days Payable
9.65 (As of Mar. 2016)

Higher One Holdings Inc's payable for the three months ended in Mar. 2016 was $2.7 Mil. Higher One Holdings Inc's cost of goods sold for the three months ended in Mar. 2016 was $25.9 Mil. Hence, Higher One Holdings Inc's days payable for the three months ended in Mar. 2016 was 9.65.

ONE' s Days Payable Range Over the Past 10 Years
Min: 11.15   Max: 44.31
Current: 10.29

11.15
44.31

During the past 8 years, Higher One Holdings Inc's highest Days Payable was 44.31. The lowest was 11.15. And the median was 16.97.

ONE's Days Payable is ranked lower than
83% of the 510 Companies
in the Global Business Services industry.

( Industry Median: 38.48 vs. ONE: 10.29 )

Higher One Holdings Inc's days payable declined from Mar. 2015 (11.83) to Mar. 2016 (9.65). It may suggest that Higher One Holdings 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.

Higher One Holdings Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.04/99.534*365
=11.15

Higher One Holdings Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2.743/25.931*365 / 4
=9.65

* 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.

Higher One Holdings Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.0044.3141.8221.5616.8517.0815.5611.6811.15

Higher One Holdings Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 15.849.7211.486.9612.6011.8310.406.7112.589.65
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