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Education Management Corp  (OTCPK:EDMC) Days Payable: 2.56 (As of Jun. 2014)

Education Management Corp's payable for the three months ended in Jun. 2014 was $39 Mil. Education Management Corp's Cost of Goods Sold for the three months ended in Jun. 2014 was $1,374 Mil. Hence, Education Management Corp's days payable for the three months ended in Jun. 2014 was 2.56.

Education Management Corp's days payable increased from Jun. 2013 (2.05) to Jun. 2014 (2.56). It may suggest that Education Management Corp delayed 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.

Education Management Corp Annual Data

Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.51 14.49 13.32 8.21 10.24

Education Management Corp Quarterly Data

Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 2.05 8.29 15.42 0.00 2.56

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.

Education Management Corp's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=38.553/1373.699*365
=10.24

Education Management Corp's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=38.553/1373.699*365 / 4
=2.56

* 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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