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ARRIS Group Inc's accounts payable for the three months ended in Sep. 2014 was $623 Mil. ARRIS Group Inc's cost of goods sold for the three months ended in Sep. 2014 was $970 Mil. Hence, ARRIS Group Inc's days accounts payable for the three months ended in Sep. 2014 was 58.61.
ARRIS Group Inc's days accounts payable declined from Sep. 2013 (69.71) to Sep. 2014 (58.61). It may suggest that ARRIS Group Inc accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
ARRIS Group Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
ARRIS Group Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
ARRIS Group Inc Annual Data
|Days Accts Payable||32.52||26.77||34.73||29.90||36.85||30.54||27.91||21.89||18.73||93.13|
ARRIS Group Inc Quarterly Data
|Days Accts Payable||17.71||18.24||18.89||17.79||57.55||69.71||72.65||61.94||63.38||58.61|