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GuruFocus has detected 4 Warning Signs with Cryo-Cell International Inc $CCEL.
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Cryo-Cell International Inc (OTCPK:CCEL)
Days Payable
91.49 (As of Feb. 2017)

Cryo-Cell International Inc's payable for the three months ended in Feb. 2017 was $1.52 Mil. Cryo-Cell International Inc's cost of goods sold for the three months ended in Feb. 2017 was $1.52 Mil. Hence, Cryo-Cell International Inc's days payable for the three months ended in Feb. 2017 was 91.49.

CCEL' s Days Payable Range Over the Past 10 Years
Min: 49.91   Max: 104.76
Current: 93.37

49.91
104.76

During the past 13 years, Cryo-Cell International Inc's highest Days Payable was 104.76. The lowest was 49.91. And the median was 84.36.

CCEL's Days Payable is ranked higher than
68% of the 164 Companies
in the Global Medical Care industry.

( Industry Median: 45.04 vs. CCEL: 93.37 )

Cryo-Cell International Inc's days payable declined from Feb. 2016 (114.13) to Feb. 2017 (91.49). It may suggest that Cryo-Cell International Inc accelerated 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.

Cryo-Cell International Inc's Days Payable for the fiscal year that ended in Nov. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1.485/5.775*365
=93.86

Cryo-Cell International Inc's Days Payable for the quarter that ended in Feb. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1.52/1.516*365 / 4
=91.49

* 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.

Cryo-Cell International Inc Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
DaysPayable 104.7649.9160.3985.3283.3990.3581.9664.3586.1593.86

Cryo-Cell International Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
DaysPayable 69.2795.6983.2387.6882.39114.13106.8794.4393.8491.49
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