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

Red Hat Inc's payable for the three months ended in Nov. 2014 was $0 Mil. Red Hat Inc's cost of goods sold for the three months ended in Nov. 2014 was $71 Mil. Hence, Red Hat Inc's days payable for the three months ended in Nov. 2014 was 0.00.

Red Hat Inc's days payable stayed the same from Nov. 2013 (0.00) to Nov. 2014 (0.00).


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/Cost of Goods Sold*Days in Period
=59.324/232.6*365
=93.09

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/71.365*365 / 4
=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 79.9142.3468.0178.4832.9352.8539.5562.65119.5393.09

Red Hat Inc Quarterly Data

Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
DaysPayable 0.000.00111.820.000.000.0089.420.000.000.00
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