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Red Hat, Inc. (NYSE:RHT)
Days Payable
0.00 (As of Feb. 2014)

Red Hat, Inc.'s payable for the three months ended in Feb. 2014 was $0 Mil. Red Hat, Inc.'s revenue for the three months ended in Feb. 2014 was $400 Mil. Hence, Red Hat, Inc.'s days payable for the three months ended in Feb. 2014 was 0.00.

Red Hat, Inc.'s days payable declined from Feb. 2013 (21.14) to Feb. 2014 (0.00). It may suggest that Red Hat, 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.

Red Hat, Inc.'s Days Payable for the fiscal year that ended in Feb. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0/1534.615*365
=0.00

Red Hat, Inc.'s Days Payable for the quarter that ended in Feb. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=0/400.397*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.

Red Hat, Inc. Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
DaysPayable 15.657.3810.9912.105.368.046.5413.1522.190.00

Red Hat, Inc. Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
DaysPayable 7.0312.510.000.000.0021.140.000.000.000.00
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