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

TIBCO Software Inc's accounts payable for the three months ended in Aug. 2014 was $25 Mil. TIBCO Software Inc's cost of goods sold for the three months ended in Aug. 2014 was $81 Mil. Hence, TIBCO Software Inc's days accounts payable for the three months ended in Aug. 2014 was 28.54.

TIBCO Software Inc's days accounts payable declined from Aug. 2013 (33.74) to Aug. 2014 (28.54). It may suggest that TIBCO Software Inc accelerated 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.

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=37.701/307.445*365
=44.76

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=25.314/80.934*365 / 4
=28.54

* 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.

TIBCO Software Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
Days Accts Payable 27.6428.3834.5427.7430.8442.1143.9538.0729.4444.76

TIBCO Software Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Days Accts Payable 33.0132.7627.5330.1840.3033.7442.0242.7536.8828.54
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