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Apple Inc (NAS:AAPL)
Days Payable
66.88 (As of Dec. 2015)

Apple Inc's payable for the three months ended in Dec. 2015 was $33,312 Mil. Apple Inc's cost of goods sold for the three months ended in Dec. 2015 was $45,449 Mil. Hence, Apple Inc's days payable for the three months ended in Dec. 2015 was 66.88.

AAPL' s Days Payable Range Over the Past 10 Years
Min: 76.58   Max: 114.44
Current: 110.81

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 89.10.

AAPL's Days Payable is ranked higher than
75% of the 1904 Companies
in the Global Consumer Electronics industry.

( Industry Median: 58.75 vs. AAPL: 110.81 )

Apple Inc's days payable declined from Dec. 2014 (77.30) to Dec. 2015 (66.88). It may suggest that Apple Inc accelerated 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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=33312/45449*365 / 4
=66.88

* 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 90.21114.4482.9379.60110.9182.8987.9876.5898.1892.47

Apple Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.0075.5362.3182.560.0077.3061.5180.730.0066.88
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