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Streamline Health Solutions Inc (NAS:STRM)
Days Accounts Payable
85.18 (As of Jul. 2014)

Streamline Health Solutions Inc's accounts payable for the three months ended in Jul. 2014 was $2.82 Mil. Streamline Health Solutions Inc's cost of goods sold for the three months ended in Jul. 2014 was $3.02 Mil. Hence, Streamline Health Solutions Inc's days accounts payable for the three months ended in Jul. 2014 was 85.18.

Streamline Health Solutions Inc's days accounts payable increased from Jul. 2013 (45.27) to Jul. 2014 (85.18). It may suggest that Streamline Health Solutions Inc delayed paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Streamline Health Solutions Inc's Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1.796/13.178*365
=49.75

Streamline Health Solutions Inc's Days Accounts Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=2.82/3.021*365 / 4
=85.18

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


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

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Days Accts Payable 53.4459.8831.5268.5731.2933.5318.2636.1147.1049.75

Streamline Health Solutions Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Days Accts Payable 35.6127.5124.9838.5022.8345.2746.6145.1545.7085.18
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