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iGo Inc  (OTCPK:IGOI) Days Payable: 44.81 (As of Dec. 2013)

iGo Inc's payable for the three months ended in Dec. 2013 was \$2.14 Mil. iGo Inc's Cost of Goods Sold for the three months ended in Dec. 2013 was \$4.36 Mil. Hence, iGo Inc's days payable for the three months ended in Dec. 2013 was 44.81.

iGo Inc's days payable increased from Dec. 2012 (44.66) to Dec. 2013 (44.81). It may suggest that iGo Inc 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.

iGo Inc Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Days Payable 38.44 58.83 50.66 40.04 44.77

iGo Inc Quarterly Data

 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Days Payable 44.66 36.51 64.14 43.16 44.81

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.

iGo Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

 Days Payable = Payable / Cost of Goods Sold * Days in Period = 2.139 / 17.44 * 365 = 44.77

iGo Inc's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

 Days Payable = Payable / Cost of Goods Sold * Days in Period = 2.139 / 4.356 * 365 / 4 = 44.81

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms