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Streamline Health Solutions Inc (NAS:STRM)
Days Payable
19.05 (As of Apr. 2016)

Streamline Health Solutions Inc's payable for the three months ended in Apr. 2016 was $0.57 Mil. Streamline Health Solutions Inc's cost of goods sold for the three months ended in Apr. 2016 was $2.73 Mil. Hence, Streamline Health Solutions Inc's days payable for the three months ended in Apr. 2016 was 19.05.

STRM' s Days Payable Range Over the Past 10 Years
Min: 18.26   Max: 68.57
Current: 18.76

18.26
68.57

During the past 13 years, Streamline Health Solutions Inc's highest Days Payable was 68.57. The lowest was 18.26. And the median was 36.26.

STRM's Days Payable is ranked lower than
78% of the 1363 Companies
in the Global Health Information Services industry.

( Industry Median: 43.52 vs. STRM: 18.76 )

Streamline Health Solutions Inc's days payable declined from Apr. 2015 (51.36) to Apr. 2016 (19.05). It may suggest that Streamline Health Solutions 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.

Streamline Health Solutions Inc's Days Payable for the fiscal year that ended in Jan. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1.137/11.401*365
=36.40

Streamline Health Solutions Inc's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.569/2.726*365 / 4
=19.05

* 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

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 31.5268.5731.2933.5318.2636.1147.1049.7564.5336.40

Streamline Health Solutions Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 45.1545.7085.1865.1761.9751.3688.7423.5438.6619.05
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