Switch to:
Richardson Electronics (NAS:RELL)
Days Payable
52.41 (As of Nov. 2015)

Richardson Electronics's payable for the three months ended in Nov. 2015 was $13.6 Mil. Richardson Electronics's cost of goods sold for the three months ended in Nov. 2015 was $23.7 Mil. Hence, Richardson Electronics's days payable for the three months ended in Nov. 2015 was 52.41.

RELL' s Days Payable Range Over the Past 10 Years
Min: 41.45   Max: 70.09
Current: 50.66

41.45
70.09

During the past 13 years, Richardson Electronics's highest Days Payable was 70.09. The lowest was 41.45. And the median was 49.83.

RELL's Days Payable is ranked lower than
59% of the 1905 Companies
in the Global Electronics Distribution industry.

( Industry Median: 58.87 vs. RELL: 50.66 )

Richardson Electronics's days payable declined from Nov. 2014 (52.78) to Nov. 2015 (52.41). It may suggest that Richardson Electronics 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.

Richardson Electronics's Days Payable for the fiscal year that ended in May. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15.768/95.819*365
=60.06

Richardson Electronics's Days Payable for the quarter that ended in Nov. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.583/23.651*365 / 4
=52.41

* 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.

Richardson Electronics Annual Data

May06May07May08May09May10May11May12May13May14May15
DaysPayable 47.8347.7049.6450.0270.0957.6741.4552.2846.4560.06

Richardson Electronics Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysPayable 44.5745.3944.1844.6446.8252.7843.3158.1950.5352.41
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK