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iiNET (ASX:IIN) Days Payable : 56.41 (As of Jun. 2015)


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What is iiNET Days Payable?

iiNET's average Accounts Payable for the six months ended in Jun. 2015 was A$107 Mil. iiNET's Cost of Goods Sold for the six months ended in Jun. 2015 was A$346 Mil. Hence, iiNET's Days Payable for the six months ended in Jun. 2015 was 56.41.

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

ASX:IIN' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 62.66
Current: 62.66

During the past 13 years, iiNET's highest Days Payable was 62.66. The lowest was 0.00. And the median was 0.00.

ASX:IIN's Days Payable is not ranked
in the Telecommunication Services industry.
Industry Median: 104.78 vs ASX:IIN: 62.66

iiNET's Days Payable declined from Jun. 2014 (61.71) to Jun. 2015 (56.41). It may suggest that iiNET accelerated paying its suppliers.


iiNET Days Payable Historical Data

The historical data trend for iiNET'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.

iiNET Days Payable Chart

iiNET Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.90 56.93 62.59 58.66 56.51

iiNET Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Days Payable Get a 7-Day Free Trial 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 64.48 66.54 61.71 63.06 56.41

Competitive Comparison of iiNET's Days Payable

For the Telecom Services subindustry, iiNET'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.


iiNET's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, iiNET's Days Payable distribution charts can be found below:

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



iiNET 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.

iiNET's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable (A: Jun. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2014 ) + Accounts Payable (A: Jun. 2015 )) / count ) / Cost of Goods Sold (A: Jun. 2015 )*Days in Period
=( (86.246 + 107.309) / 2 ) / 625.081*365
=96.7775 / 625.081*365
=56.51

iiNET's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable (Q: Jun. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2014 ) + Accounts Payable (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (106.597 + 107.309) / 2 ) / 346.012*365 / 2
=106.953 / 346.012*365 / 2
=56.41

* 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.


iiNET Days Payable Related Terms

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iiNET (ASX:IIN) Business Description

Traded in Other Exchanges
N/A
Address
iiNET Limited (IIN) was established in 1993 to deliver Internet access services to Western Australia. iiNet has 700,000 customers across Australia, NZ and Capetown. Internet and communication services offered include dialup, broadband and phone.