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GuruFocus has detected 3 Warning Signs with ARRIS International PLC $ARRS.
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ARRIS International PLC (NAS:ARRS)
Days Payable
72.33 (As of Dec. 2016)

ARRIS International PLC's payable for the three months ended in Dec. 2016 was $1,049 Mil. ARRIS International PLC's cost of goods sold for the three months ended in Dec. 2016 was $1,323 Mil. Hence, ARRIS International PLC's days payable for the three months ended in Dec. 2016 was 72.33.

ARRS' s Days Payable Range Over the Past 10 Years
Min: 18.73   Max: 85.18
Current: 74.75

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 33.70.

ARRS's Days Payable is ranked higher than
62% of the 437 Companies
in the Global Communication Equipment industry.

( Industry Median: 63.64 vs. ARRS: 74.75 )

ARRIS International PLC's days payable increased from Dec. 2015 (63.23) to Dec. 2016 (72.33). It may suggest that ARRIS International PLC 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.

ARRIS International PLC's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1048.904/5121.501*365
=74.75

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1048.904/1323.223*365 / 4
=72.33

* 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.

ARRIS International PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 29.9036.8530.5427.9121.8918.7385.1846.8555.6174.75

ARRIS International PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 58.6149.6361.7661.9559.1063.2360.6972.2071.8872.33
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