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Adept Technology Inc  (NAS:ADEP) Days Payable: 58.70 (As of Jun. 2015)

Adept Technology Inc's payable for the three months ended in Jun. 2015 was $5.45 Mil. Adept Technology Inc's Cost of Goods Sold for the three months ended in Jun. 2015 was $8.47 Mil. Hence, Adept Technology Inc's days payable for the three months ended in Jun. 2015 was 58.70.

Adept Technology Inc's days payable declined from Jun. 2014 (91.89) to Jun. 2015 (58.70). It may suggest that Adept Technology Inc accelerated paying its suppliers.


Historical Data

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

* Premium members only.

Adept Technology Inc Annual Data

Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.41 59.05 93.16 91.00 63.23

Adept Technology Inc Quarterly Data

Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.89 74.66 58.12 54.62 58.70

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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.

Adept Technology Inc's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5.447/31.441*365
=63.23

Adept Technology Inc's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5.447/8.468*365 / 4
=58.70

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


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