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GuruFocus has detected 4 Warning Signs with Bridgepoint Education Inc $BPI.
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Bridgepoint Education Inc (NYSE:BPI)
Days Payable
3.41 (As of Mar. 2017)

Bridgepoint Education Inc's payable for the three months ended in Mar. 2017 was $2.4 Mil. Bridgepoint Education Inc's cost of goods sold for the three months ended in Mar. 2017 was $63.0 Mil. Hence, Bridgepoint Education Inc's days payable for the three months ended in Mar. 2017 was 3.41.

BPI' s Days Payable Range Over the Past 10 Years
Min: 1.17   Max: 33.29
Current: 3.34

1.17
33.29

During the past 11 years, Bridgepoint Education Inc's highest Days Payable was 33.29. The lowest was 1.17. And the median was 7.37.

BPI's Days Payable is ranked lower than
87% of the 98 Companies
in the Global Education & Training Services industry.

( Industry Median: 23.13 vs. BPI: 3.34 )

Bridgepoint Education Inc's days payable increased from Mar. 2016 (1.24) to Mar. 2017 (3.41). It may suggest that Bridgepoint Education Inc delayed 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.

Bridgepoint Education Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.519/263.898*365
=6.25

Bridgepoint Education Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2.354/63.039*365 / 4
=3.41

* 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.

Bridgepoint Education Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 33.2927.348.728.4811.324.885.191.176.176.25

Bridgepoint Education Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 1.238.387.022.816.601.240.195.486.473.41
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