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GuruFocus has detected 4 Warning Signs with CA Inc $CA.
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CA Inc (NAS:CA)
Days Payable
55.73 (As of Mar. 2017)

CA Inc's payable for the three months ended in Mar. 2017 was $91 Mil. CA Inc's cost of goods sold for the three months ended in Mar. 2017 was $149 Mil. Hence, CA Inc's days payable for the three months ended in Mar. 2017 was 55.73.

CA' s Days Payable Range Over the Past 10 Years
Min: 48.21   Max: 89.92
Current: 57.97

48.21
89.92

During the past 13 years, CA Inc's highest Days Payable was 89.92. The lowest was 48.21. And the median was 59.04.

CA's Days Payable is ranked higher than
62% of the 1363 Companies
in the Global Software - Infrastructure industry.

( Industry Median: 43.55 vs. CA: 57.97 )

CA Inc's days payable increased from Mar. 2016 (46.84) to Mar. 2017 (55.73). It may suggest that CA 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.

CA Inc's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=91/573*365
=57.97

CA 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
=91/149*365 / 4
=55.73

* 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.

CA Inc Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
DaysPayable 89.9260.0058.0862.8254.1053.9772.5560.3548.2157.97

CA Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 50.2558.0756.6156.7251.7946.8449.7749.8946.2755.73
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