Switch to:
The Spectranetics Corp (NAS:SPNC)
Days Payable
31.23 (As of Sep. 2016)

The Spectranetics Corp's payable for the three months ended in Sep. 2016 was $5.8 Mil. The Spectranetics Corp's cost of goods sold for the three months ended in Sep. 2016 was $16.9 Mil. Hence, The Spectranetics Corp's days payable for the three months ended in Sep. 2016 was 31.23.

SPNC' s Days Payable Range Over the Past 10 Years
Min: 14.31   Max: 241.52
Current: 31.81

14.31
241.52

During the past 13 years, The Spectranetics Corp's highest Days Payable was 241.52. The lowest was 14.31. And the median was 21.02.

SPNC's Days Payable is ranked lower than
76% of the 257 Companies
in the Global Medical Devices industry.

( Industry Median: 57.49 vs. SPNC: 31.81 )

The Spectranetics Corp's days payable declined from Sep. 2015 (54.79) to Sep. 2016 (31.23). It may suggest that The Spectranetics Corp 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.

The Spectranetics Corp's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.397/53.459*365
=30.02

The Spectranetics Corp's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5.779/16.884*365 / 4
=31.23

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The Spectranetics Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 241.5230.8714.3116.6814.9315.5419.2122.8330.0223.99

The Spectranetics Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 40.2925.7623.7124.3943.4454.7923.1524.9128.2731.23
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)
FEEDBACK