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Solar Senior Capital Ltd. (NAS:SUNS)
Days Payable
43.79 (As of Dec. 2013)

Solar Senior Capital Ltd.'s payable for the three months ended in Dec. 2013 was $2.72 Mil. Solar Senior Capital Ltd.'s revenue for the three months ended in Dec. 2013 was $5.65 Mil. Hence, Solar Senior Capital Ltd.'s days payable for the three months ended in Dec. 2013 was 43.79.

Solar Senior Capital Ltd.'s days payable declined from Dec. 2012 (47.52) to Dec. 2013 (43.79). It may suggest that Solar Senior Capital Ltd. 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.

Solar Senior Capital Ltd.'s Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=2.721/19.765*365
=50.25

Solar Senior Capital Ltd.'s Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=2.721/5.654*91
=43.79

* 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.

Solar Senior Capital Ltd. Annual Data

Dec11Dec12Dec13
DaysPayable 0.000.000.000.000.000.000.00270.9056.9950.25

Solar Senior Capital Ltd. Quarterly Data

Jun11Sep11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 980.60200.871,010.73815.961,262.8347.52239.65128.46817.3343.79
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