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Premier Exhibitions, Inc. (NAS:PRXI)
Days Payable
0.00 (As of Nov. 2013)

Premier Exhibitions, Inc.'s payable for the three months ended in Nov. 2013 was $0.00 Mil. Premier Exhibitions, Inc.'s revenue for the three months ended in Nov. 2013 was $6.39 Mil. Hence, Premier Exhibitions, Inc.'s days payable for the three months ended in Nov. 2013 was 0.00.

Premier Exhibitions, Inc.'s days payable declined from Nov. 2012 (1.79) to Nov. 2013 (0.00). It may suggest that Premier Exhibitions, 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.

Premier Exhibitions, Inc.'s Days Payable for the fiscal year that ended in Feb. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0.248/39.465*365
=2.29

Premier Exhibitions, Inc.'s Days Payable for the quarter that ended in Nov. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=0/6.392*91
=0.00

* 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.

Premier Exhibitions, Inc. Annual Data

Feb04Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13
DaysPayable 159.1888.3612.2917.5916.840.000.001.391.042.29

Premier Exhibitions, Inc. Quarterly Data

Aug11Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13
DaysPayable 0.000.001.090.000.831.793.392.512.040.00
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