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GuruFocus has detected 4 Warning Signs with Broadcom Ltd $AVGO.
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Broadcom Ltd (NAS:AVGO)
Days Payable
58.56 (As of Oct. 2016)

Broadcom Ltd's payable for the three months ended in Oct. 2016 was $1,261 Mil. Broadcom Ltd's cost of goods sold for the three months ended in Oct. 2016 was $1,965 Mil. Hence, Broadcom Ltd's days payable for the three months ended in Oct. 2016 was 58.56.

AVGO' s Days Payable Range Over the Past 10 Years
Min: 60.78   Max: 78.58
Current: 63.05

60.78
78.58

During the past 10 years, Broadcom Ltd's highest Days Payable was 78.58. The lowest was 60.78. And the median was 65.99.

AVGO's Days Payable is ranked higher than
63% of the 743 Companies
in the Global Semiconductors industry.

( Industry Median: 50.62 vs. AVGO: 63.05 )

Broadcom Ltd's days payable declined from Oct. 2015 (66.79) to Oct. 2016 (58.56). It may suggest that Broadcom Ltd 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.

Broadcom Ltd'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
=1261/7300*365
=63.05

Broadcom Ltd's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1261/1965*365 / 4
=58.56

* 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.

Broadcom Ltd Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysPayable 60.7860.8360.8364.1367.8474.0876.7578.5868.8563.05

Broadcom Ltd Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 47.8158.6050.9859.5353.7266.7957.5036.0251.1658.56
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