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Apple Inc (NAS:AAPL)
Days Payable
74.75 (As of Mar. 2016)

Apple Inc's payable for the three months ended in Mar. 2016 was $25,098 Mil. Apple Inc's cost of goods sold for the three months ended in Mar. 2016 was $30,636 Mil. Hence, Apple Inc's days payable for the three months ended in Mar. 2016 was 74.75.

AAPL' s Days Payable Range Over the Past 10 Years
Min: 76.58   Max: 114.44
Current: 66.89

76.58
114.44

During the past 13 years, Apple Inc's highest Days Payable was 114.44. The lowest was 76.58. And the median was 91.34.

AAPL's Days Payable is ranked higher than
63% of the 1877 Companies
in the Global Consumer Electronics industry.

( Industry Median: 54.31 vs. AAPL: 66.89 )

Apple Inc's days payable increased from Mar. 2015 (61.51) to Mar. 2016 (74.75). It may suggest that Apple Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Apple Inc's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=35490/140089*365
=92.47

Apple Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25098/30636*365 / 4
=74.75

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Apple Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 90.21114.4494.4479.60110.9182.8987.9876.5898.1892.47

Apple Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 75.5362.3182.56105.5177.3061.5180.73104.6366.8874.75
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