Switch to:
Sirona Dental Systems, Inc. (NAS:SIRO)
Days Payable
20.91 (As of Dec. 2013)

Sirona Dental Systems, Inc.'s payable for the three months ended in Dec. 2013 was $69 Mil. Sirona Dental Systems, Inc.'s revenue for the three months ended in Dec. 2013 was $299 Mil. Hence, Sirona Dental Systems, Inc.'s days payable for the three months ended in Dec. 2013 was 20.91.

Sirona Dental Systems, Inc.'s days payable declined from Dec. 2012 (27.06) to Dec. 2013 (20.91). It may suggest that Sirona Dental Systems, 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.

Sirona Dental Systems, Inc.'s Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=82.554/1101.491*365
=27.36

Sirona Dental Systems, Inc.'s Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=68.637/298.726*91
=20.91

* 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.

Sirona Dental Systems, Inc. Annual Data

Mar05Mar06Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysPayable 13.4615.3321.2525.5519.1922.3423.9222.1724.9227.36

Sirona Dental Systems, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 23.0916.9121.9719.6324.6027.0626.6120.5526.9620.91
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)
Free 7-day Trial
FEEDBACK
Hide