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Streamline Health Solutions Inc (NAS:STRM)
Days Payable
25.08 (As of Jan. 2014)

Streamline Health Solutions Inc's payable for the three months ended in Jan. 2014 was $1.80 Mil. Streamline Health Solutions Inc's revenue for the three months ended in Jan. 2014 was $6.52 Mil. Hence, Streamline Health Solutions Inc's days payable for the three months ended in Jan. 2014 was 25.08.

Streamline Health Solutions Inc's days payable increased from Jan. 2013 (20.20) to Jan. 2014 (25.08). 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. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1.796/28.495*365
=23.01

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

Days Payable=Payable/Revenue*Days in Period
=1.796/6.516*91
=25.08

* 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

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysPayable 25.3623.9014.2433.4717.0317.8011.7118.7422.9723.01

Streamline Health Solutions Inc Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysPayable 15.3417.7017.2612.8111.6020.2011.1816.6621.6425.08
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