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Xyratex, Ltd. (NAS:XRTX)
Days Accounts Payable
42.45 (As of Nov. 2013)

Xyratex, Ltd.'s accounts payable for the three months ended in Nov. 2013 was $67.1 Mil. Xyratex, Ltd.'s cost of goods sold for the three months ended in Nov. 2013 was $144.1 Mil. Hence, Xyratex, Ltd.'s days accounts payable for the three months ended in Nov. 2013 was 42.45.

Xyratex, Ltd.'s days accounts payable increased from Nov. 2012 (33.02) to Nov. 2013 (42.45). It may suggest that Xyratex, Ltd. delayed 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.

Xyratex, Ltd.'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
=67.061/643.237*365
=38.05

Xyratex, Ltd.'s Days Accounts Payable for the quarter that ended in Nov. 2013 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=67.061/144.139*365 / 4
=42.45

* 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.

Xyratex, Ltd. Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
Days Accts Payable 47.1554.5039.4145.9745.5947.3743.0150.2131.1338.05

Xyratex, Ltd. Quarterly Data

Aug11Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13
Days Accts Payable 47.6248.2646.0245.9142.6033.0241.4550.0746.4242.45
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