Switch to:
Streamline Health Solutions, Inc. (NAS:STRM)
Days Payable
21.64 (As of Oct. 2013)

Streamline Health Solutions, Inc.'s payable for the three months ended in Oct. 2013 was $1.60 Mil. Streamline Health Solutions, Inc.'s revenue for the three months ended in Oct. 2013 was $6.73 Mil. Hence, Streamline Health Solutions, Inc.'s days payable for the three months ended in Oct. 2013 was 21.64.

Streamline Health Solutions, Inc.'s days payable increased from Oct. 2012 (11.60) to Oct. 2013 (21.64). It may suggest that Streamline Health Solutions, Inc. delayed 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.

Streamline Health Solutions, Inc.'s Days Payable for the fiscal year that ended in Jan. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1.496/23.767*365
=22.97

Streamline Health Solutions, Inc.'s Days Payable for the quarter that ended in Oct. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1.601/6.732*91
=21.64

* 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.

Streamline Health Solutions, Inc. Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
DaysPayable 18.1625.3623.9014.2433.4717.0317.8011.7118.7422.97

Streamline Health Solutions, Inc. Quarterly Data

Jul11Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13
DaysPayable 16.5115.3417.7017.2612.8111.6020.2011.1816.6621.64
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