Switch to:
TIBCO Software Inc (NAS:TIBX)
Days Payable
9.01 (As of Aug. 2014)

TIBCO Software Inc's payable for the three months ended in Aug. 2014 was $25 Mil. TIBCO Software Inc's revenue for the three months ended in Aug. 2014 was $256 Mil. Hence, TIBCO Software Inc's days payable for the three months ended in Aug. 2014 was 9.01.

TIBCO Software Inc's days payable declined from Aug. 2013 (9.68) to Aug. 2014 (9.01). It may suggest that TIBCO Software 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.

TIBCO Software Inc's Days Payable for the fiscal year that ended in Nov. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=53.271/1069.95*365
=18.17

TIBCO Software Inc's Days Payable for the quarter that ended in Aug. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=25.314/255.602*91
=9.01

* 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.

TIBCO Software Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
DaysPayable 6.657.908.937.638.5110.7811.5310.2317.1318.17

TIBCO Software Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 9.179.2614.769.3212.099.6815.3713.0711.589.01
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