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GuruFocus has detected 4 Warning Signs with Cenveo Inc $CVO.
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Cenveo Inc (NYSE:CVO)
Days Payable
44.23 (As of Mar. 2017)

Cenveo Inc's payable for the three months ended in Mar. 2017 was $150 Mil. Cenveo Inc's cost of goods sold for the three months ended in Mar. 2017 was $310 Mil. Hence, Cenveo Inc's days payable for the three months ended in Mar. 2017 was 44.23.

CVO' s Days Payable Range Over the Past 10 Years
Min: 37.08   Max: 67.26
Current: 41.12

37.08
67.26

During the past 13 years, Cenveo Inc's highest Days Payable was 67.26. The lowest was 37.08. And the median was 46.31.

CVO's Days Payable is ranked higher than
56% of the 440 Companies
in the Global Business Services industry.

( Industry Median: 39.89 vs. CVO: 41.12 )

Cenveo Inc's days payable increased from Mar. 2016 (41.83) to Mar. 2017 (44.23). It may suggest that Cenveo 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.

Cenveo 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
=175.896/1386.746*365
=46.30

Cenveo 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
=150.427/310.372*365 / 4
=44.23

* 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.

Cenveo Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 37.0838.1048.1443.8545.4746.3267.2652.1450.3446.30

Cenveo Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 49.9955.7354.8755.3545.5541.8342.6446.8245.3944.23
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