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Otelco, Inc. (NAS:OTT)
Days Payable
11.17 (As of Mar. 2016)

Otelco, Inc.'s payable for the three months ended in Mar. 2016 was $1.00 Mil. Otelco, Inc.'s cost of goods sold for the three months ended in Mar. 2016 was $8.13 Mil. Hence, Otelco, Inc.'s days payable for the three months ended in Mar. 2016 was 11.17.

OTT' s Days Payable Range Over the Past 10 Years
Min: 11.35   Max: 32.33
Current: 11.01

11.35
32.33

During the past 13 years, Otelco, Inc.'s highest Days Payable was 32.33. The lowest was 11.35. And the median was 16.43.

OTT's Days Payable is ranked lower than
91% of the 323 Companies
in the Global Telecom Services industry.

( Industry Median: 60.49 vs. OTT: 11.01 )

Otelco, Inc.'s days payable declined from Mar. 2015 (12.49) to Mar. 2016 (11.17). It may suggest that Otelco, 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.

Otelco, 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
=1.181/33.123*365
=13.01

Otelco, 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
=0.995/8.131*365 / 4
=11.17

* 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.

Otelco, Inc. Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 32.3329.2228.9227.8913.4712.3717.3515.5011.3513.01

Otelco, Inc. Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 15.0711.5412.2511.1211.5112.4911.399.8713.2111.17
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