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ARRIS International PLC (NAS:ARRS)
Days Payable
60.69 (As of Mar. 2016)

ARRIS International PLC's payable for the three months ended in Mar. 2016 was $818 Mil. ARRIS International PLC's cost of goods sold for the three months ended in Mar. 2016 was $1,231 Mil. Hence, ARRIS International PLC's days payable for the three months ended in Mar. 2016 was 60.69.

ARRS' s Days Payable Range Over the Past 10 Years
Min: 18.73   Max: 85.18
Current: 80.06

18.73
85.18

During the past 13 years, ARRIS International PLC's highest Days Payable was 85.18. The lowest was 18.73. And the median was 32.64.

ARRS's Days Payable is ranked higher than
68% of the 446 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.52 vs. ARRS: 80.06 )

ARRIS International PLC's days payable declined from Mar. 2015 (61.76) to Mar. 2016 (60.69). It may suggest that ARRIS International PLC 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.

ARRIS International PLC's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=514.877/3379.409*365
=55.61

ARRIS International PLC's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=818.494/1230.674*365 / 4
=60.69

* 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.

ARRIS International PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 34.7329.9036.8530.5427.9121.8918.7385.1846.8555.61

ARRIS International PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 66.4561.9463.3858.6149.6361.7661.9559.1063.2360.69
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