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Proto Labs Inc (NYSE:PRLB)
Days Payable
29.20 (As of Sep. 2016)

Proto Labs Inc's payable for the three months ended in Sep. 2016 was $10.7 Mil. Proto Labs Inc's cost of goods sold for the three months ended in Sep. 2016 was $33.4 Mil. Hence, Proto Labs Inc's days payable for the three months ended in Sep. 2016 was 29.20.

Proto Labs Inc's days payable declined from Sep. 2015 (38.31) to Sep. 2016 (29.20). It may suggest that Proto Labs 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.322/131.118*365
=31.52

Proto Labs Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.703/33.448*365 / 4
=29.20

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Proto Labs Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 0.000.0030.1539.5241.1334.8438.3735.4445.3931.52

Proto Labs Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 33.8532.0333.5739.1538.3138.3237.5431.8929.2032.24
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