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Adtalem Global Education Days Payable

: 34.96 (As of Dec. 2020)
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Adtalem Global Education's average Accounts Payable for the three months ended in Dec. 2020 was $49 Mil. Adtalem Global Education's Cost of Goods Sold for the three months ended in Dec. 2020 was $127 Mil. Hence, Adtalem Global Education's Days Payable for the three months ended in Dec. 2020 was 34.96.

NYSE:ATGE' s Days Payable Range Over the Past 10 Years
Min: 19.93   Med: 30.78   Max: 40.98
Current: 32.11

19.93
40.98

During the past 13 years, Adtalem Global Education's highest Days Payable was 40.98. The lowest was 19.93. And the median was 30.78.

NYSE:ATGE's Days Payable is ranked higher than
51% of the 169 Companies
in the Education industry.

( Industry Median: 30.73 vs. NYSE:ATGE: 32.11 )

Adtalem Global Education's Days Payable increased from Dec. 2019 (27.29) to Dec. 2020 (34.96). It may suggest that Adtalem Global Education delayed paying its suppliers.


Adtalem Global Education Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Adtalem Global Education Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.98 30.82 35.81 39.02 37.19

Adtalem Global Education Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 27.29 25.13 31.62 37.97 34.96

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.


Adtalem Global Education Days Payable Distribution

* The bar in red indicates where Adtalem Global Education's Days Payable falls into.



Adtalem Global Education Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Adtalem Global Education's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

Days Payable (A: Jun. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2019 ) + Accounts Payable (A: Jun. 2020 )) / count ) / Cost of Goods Sold (A: Jun. 2020 )*Days in Period
=( (53.385 + 46.484) / 2 ) / 490.054*365
=49.9345 / 490.054*365
=37.19

Adtalem Global Education's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (48.148 + 49.035) / 2 ) / 126.823*365 / 4
=48.5915 / 126.823*365 / 4
=34.96

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


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