Market Cap : 1.94 B | Enterprise Value : 2.01 B | PE Ratio : | PB Ratio : 1.49 |
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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.
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 thanAdtalem 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.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
* The bar in red indicates where Adtalem Global Education's Days Payable falls into.
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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