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GuruFocus has detected 3 Warning Signs with Proto Labs Inc $PRLB.
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Proto Labs Inc (NYSE:PRLB)
Days Payable
32.24 (As of Dec. 2016)

Proto Labs Inc's payable for the three months ended in Dec. 2016 was $11.3 Mil. Proto Labs Inc's cost of goods sold for the three months ended in Dec. 2016 was $32.0 Mil. Hence, Proto Labs Inc's days payable for the three months ended in Dec. 2016 was 32.24.

PRLB' s Days Payable Range Over the Past 10 Years
Min: 30.15   Max: 45.39
Current: 31.52

30.15
45.39

During the past 8 years, Proto Labs Inc's highest Days Payable was 45.39. The lowest was 30.15. And the median was 36.91.

PRLB's Days Payable is ranked lower than
82% of the 1323 Companies
in the Global Tools & Accessories industry.

( Industry Median: 66.49 vs. PRLB: 31.52 )

Proto Labs Inc's days payable declined from Dec. 2015 (38.32) to Dec. 2016 (32.24). 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 Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.322/32.041*365 / 4
=32.24

* 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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