Celerity Solutions (Celerity Solutions) Days Payable : 143.25 (As of Dec. 2099)

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What is Celerity Solutions Days Payable?

Celerity Solutions's average Accounts Payable for the three months ended in Dec. 2099 was $1.31 Mil. Celerity Solutions's Cost of Goods Sold for the three months ended in Dec. 2099 was $0.84 Mil. Hence, Celerity Solutions's Days Payable for the three months ended in Dec. 2099 was 143.25.

The historical rank and industry rank for Celerity Solutions's Days Payable or its related term are showing as below:

CLTY's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 49.695
* Ranked among companies with meaningful Days Payable only.

Celerity Solutions's Days Payable increased from Dec. 2098 (119.33) to Dec. 2099 (143.25). It may suggest that Celerity Solutions delayed paying its suppliers.

Celerity Solutions Days Payable Historical Data

The historical data trend for Celerity Solutions's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Celerity Solutions Days Payable Chart

Celerity Solutions Annual Data

Trend

Mar91

Mar92

Mar93

Mar94

Mar95

Mar96

Mar97

Mar98

Mar99

Days Payable

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67.79

76.04

24.89

88.07

98.21

Celerity Solutions Quarterly Data
	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99
Days Payable	Get a 7-Day Free Trial															119.33	100.58	198.81	144.67	143.25

Competitive Comparison of Celerity Solutions's Days Payable

For the Software - Application subindustry, Celerity Solutions's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Celerity Solutions's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Celerity Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Celerity Solutions's Days Payable falls into.

Celerity Solutions 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.

Celerity Solutions's Days Payable for the fiscal year that ended in Mar. 2099 is calculated as

	Days Payable (A: Mar. 2099 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2098 )	+	Accounts Payable (A: Mar. 2099 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2099 )	*	Days in Period
=	( (1.288	+	2.437)	/	2 )	/	6.922	*	365
=	1.8625					/	6.922	*	365
=	98.21

Celerity Solutions's Days Payable for the quarter that ended in Dec. 2099 is calculated as:

	Days Payable (Q: Dec. 2099 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2099 )	+	Accounts Payable (Q: Dec. 2099 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2099 )	*	Days in Period
=	( (1.561	+	1.067)	/	2 )	/	0.837	*	365 / 4
=	1.314					/	0.837	*	365 / 4
=	143.25

Celerity Solutions Days Payable Related Terms

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Celerity Solutions (Celerity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Celerity Solutions Inc (OTCPK:CLTY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

270 Bridge Street, Suite 301, Dedman, MA, USA, 02026

Website

https://www.celerity-solutions.com

Celerity Solutions Inc provides internet enables business software applications. It offers Business & Technology Strategy, Full lifecycle ERP Application Implementation & Strategic Enhancements, Business Intelligence & Custom Application Development.

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