Celadon Group (FRA:CG2) Days Payable : 43.01 (As of Dec. 2016)

View and export this data going back to 2014. Start your Free Trial

What is Celadon Group Days Payable?

Celadon Group's average Accounts Payable for the three months ended in Dec. 2016 was €22.1 Mil. Celadon Group's Cost of Goods Sold for the three months ended in Dec. 2016 was €46.8 Mil. Hence, Celadon Group's Days Payable for the three months ended in Dec. 2016 was 43.01.

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

FRA:CG2's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 39.025
* Ranked among companies with meaningful Days Payable only.

Celadon Group's Days Payable increased from Dec. 2015 (39.90) to Dec. 2016 (43.01). It may suggest that Celadon Group delayed paying its suppliers.

Celadon Group Days Payable Historical Data

The historical data trend for Celadon Group'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.

* Premium members only.

Celadon Group Days Payable Chart

Celadon Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Days Payable

Get a 7-Day Free Trial

15.74

19.17

17.91

20.71

42.10

Celadon Group Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Days Payable	Get a 7-Day Free Trial															39.90	52.72	51.74	51.92	43.01

Competitive Comparison of Celadon Group's Days Payable

For the Trucking subindustry, Celadon Group'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.

Celadon Group's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Celadon Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Celadon Group's Days Payable falls into.

Celadon Group 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.

Celadon Group's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

	Days Payable (A: Jun. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2015 )	+	Accounts Payable (A: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2016 )	*	Days in Period
=	( (12.206	+	23.584)	/	2 )	/	155.137	*	365
=	17.895					/	155.137	*	365
=	42.10

Celadon Group's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

	Days Payable (Q: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2016 )	+	Accounts Payable (Q: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2016 )	*	Days in Period
=	( (22.5	+	21.664)	/	2 )	/	46.849	*	365 / 4
=	22.082					/	46.849	*	365 / 4
=	43.01

Celadon Group Days Payable Related Terms

Thank you for viewing the detailed overview of Celadon Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Celadon Group (FRA:CG2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Celadon Group Inc (FRA:CG2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235

Website

http://www.celadontrucking.com

Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.

Celadon Group (FRA:CG2) Headlines

No Headlines