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Castlight Health Days Payable

: 34.76 (As of Dec. 2020)
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Castlight Health's average Accounts Payable for the three months ended in Dec. 2020 was $4.9 Mil. Castlight Health's Cost of Goods Sold for the three months ended in Dec. 2020 was $12.9 Mil. Hence, Castlight Health's Days Payable for the three months ended in Dec. 2020 was 34.76.

NYSE:CSLT' s Days Payable Range Over the Past 10 Years
Min: 24.23   Med: 40.82   Max: 95.14
Current: 72.02
24.23
95.14

During the past 10 years, Castlight Health's highest Days Payable was 95.14. The lowest was 24.23. And the median was 40.82.

NYSE:CSLT's Days Payable is ranked higher than
55% of the 500 Companies
in the Healthcare Providers & Services industry.

( Industry Median: 64.18 vs. NYSE:CSLT: 72.02 )

Castlight Health's Days Payable declined from Dec. 2019 (88.41) to Dec. 2020 (34.76). It may suggest that Castlight Health accelerated paying its suppliers.

Castlight Health 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.

Castlight Health Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.48 24.23 40.82 90.06 86.76

Castlight Health 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 88.41 103.70 78.32 51.06 34.76
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.

Castlight Health Days Payable Distribution

* The bar in red indicates where Castlight Health's Days Payable falls into.


Castlight Health 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.

Castlight Health's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (19.596 + 5.145) / 2 ) / 52.042*365
=12.3705 / 52.042*365
=86.76

Castlight Health'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
=( (4.698 + 5.145) / 2 ) / 12.921*365 / 4
=4.9215 / 12.921*365 / 4
=34.76

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

Castlight Health Days Payable Related Terms

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