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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.
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
Vitesse Semiconductor Corp's Days Accounts Payable for the quarter that ended in Jun. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Vitesse Semiconductor Corp Annual Data
|Days Accts Payable||82.48||80.85||85.03||48.09||55.26||66.06||66.78||35.35||45.04||58.04|
Vitesse Semiconductor Corp Quarterly Data
|Days Accts Payable||51.31||42.38||42.21||62.47||52.49||65.43||53.21||80.76||64.40||57.29|