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Avago Technologies Ltd (NAS:AVGO)
Days Payable
59.53 (As of Apr. 2015)

Avago Technologies Ltd's payable for the three months ended in Apr. 2015 was $501 Mil. Avago Technologies Ltd's cost of goods sold for the three months ended in Apr. 2015 was $768 Mil. Hence, Avago Technologies Ltd's days payable for the three months ended in Apr. 2015 was 59.53.

Avago Technologies Ltd's days payable declined from Apr. 2014 (72.68) to Apr. 2015 (59.53). It may suggest that Avago Technologies 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.

Avago Technologies Ltd's Days Payable for the fiscal year that ended in Oct. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=515/2392*365
=78.58

Avago Technologies Ltd's Days Payable for the quarter that ended in Apr. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=501/768*365 / 4
=59.53

* 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.

Avago Technologies Ltd Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
DaysPayable 0.000.0060.7860.8360.8364.1367.8474.0876.7578.58

Avago Technologies Ltd Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
DaysPayable 59.6275.5271.3964.7163.3872.6847.8158.6050.9859.53
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