Switch to:
GuruFocus has detected 2 Warning Signs with Broadcom Ltd $AVGO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Broadcom Ltd (NAS:AVGO)
Days Payable
44.69 (As of Jan. 2017)

Broadcom Ltd's payable for the three months ended in Jan. 2017 was $1,047 Mil. Broadcom Ltd's cost of goods sold for the three months ended in Jan. 2017 was $2,138 Mil. Hence, Broadcom Ltd's days payable for the three months ended in Jan. 2017 was 44.69.

AVGO' s Days Payable Range Over the Past 10 Years
Min: 60.78   Max: 78.58
Current: 44.4

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 lower than
60% of the 743 Companies
in the Global Semiconductors industry.

( Industry Median: 51.49 vs. AVGO: 44.40 )

Broadcom Ltd's days payable declined from Jan. 2016 (57.50) to Jan. 2017 (44.69). 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 Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1047/2138*365 / 4
=44.69

* 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

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 58.6050.9859.5353.7266.7957.5036.0251.1658.5644.69
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK