Switch to:
GuruFocus has detected 5 Warning Signs with Applied Materials Inc $AMAT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Applied Materials Inc (NAS:AMAT)
Days Payable
39.09 (As of Oct. 2016)

Applied Materials Inc's payable for the three months ended in Oct. 2016 was $813 Mil. Applied Materials Inc's cost of goods sold for the three months ended in Oct. 2016 was $1,898 Mil. Hence, Applied Materials Inc's days payable for the three months ended in Oct. 2016 was 39.09.

AMAT' s Days Payable Range Over the Past 10 Years
Min: 26.74   Max: 48.61
Current: 47

26.74
48.61

During the past 13 years, Applied Materials Inc's highest Days Payable was 48.61. The lowest was 26.74. And the median was 42.44.

AMAT's Days Payable is ranked lower than
54% of the 741 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 50.89 vs. AMAT: 47.00 )

Applied Materials Inc's days payable declined from Oct. 2015 (42.61) to Oct. 2016 (39.09). It may suggest that Applied Materials 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.

Applied Materials Inc's Days Payable for the fiscal year that ended in Oct. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=813/6314*365
=47.00

Applied Materials Inc's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=813/1898*365 / 4
=39.09

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Applied Materials Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysPayable 31.7445.8248.6141.1728.6926.7447.0242.7942.0847.00

Applied Materials Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 41.7942.8642.3741.4042.9642.6137.3640.6440.1639.09
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK