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Vitesse Semiconductor Corp (NAS:VTSS)
Days Accounts Payable
57.29 (As of Jun. 2014)

Vitesse Semiconductor Corp's accounts payable for the three months ended in Jun. 2014 was $7.7 Mil. Vitesse Semiconductor Corp's cost of goods sold for the three months ended in Jun. 2014 was $12.3 Mil. Hence, Vitesse Semiconductor Corp's days accounts payable for the three months ended in Jun. 2014 was 57.29.

Vitesse Semiconductor Corp's days accounts payable declined from Jun. 2013 (65.43) to Jun. 2014 (57.29). It may suggest that Vitesse Semiconductor Corp 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.

Vitesse Semiconductor Corp's Days Accounts Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=7.436/46.763*365
=58.04

Vitesse Semiconductor Corp's Days Accounts Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=7.693/12.254*365 / 4
=57.29

* 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.

Vitesse Semiconductor Corp Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Days Accts Payable 82.4880.8585.0348.0955.2666.0666.7835.3545.0458.04

Vitesse Semiconductor Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Days Accts Payable 51.3142.3842.2162.4752.4965.4353.2180.7664.4057.29
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