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Vonage Holdings Corp (NYSE:VG)
Days Payable
26.00 (As of Sep. 2016)

Vonage Holdings Corp's payable for the three months ended in Sep. 2016 was $27.3 Mil. Vonage Holdings Corp's cost of goods sold for the three months ended in Sep. 2016 was $96.0 Mil. Hence, Vonage Holdings Corp's days payable for the three months ended in Sep. 2016 was 26.00.

VG' s Days Payable Range Over the Past 10 Years
Min: 14.74   Max: 90.56
Current: 29.73

14.74
90.56

During the past 13 years, Vonage Holdings Corp's highest Days Payable was 90.56. The lowest was 14.74. And the median was 62.11.

VG's Days Payable is ranked lower than
74% of the 301 Companies
in the Global Telecom Services industry.

( Industry Median: 61.03 vs. VG: 29.73 )

Vonage Holdings Corp's days payable declined from Sep. 2015 (45.92) to Sep. 2016 (26.00). It may suggest that Vonage Holdings Corp 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.

Vonage Holdings Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=42.798/295.978*365
=52.78

Vonage Holdings Corp's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=27.345/95.968*365 / 4
=26.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Vonage Holdings Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 75.1666.5240.5814.7445.2186.9790.5666.2357.9952.78

Vonage Holdings Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 54.2859.9760.0739.3746.3045.9250.6554.7753.7126.00
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