Switch to:
Brocade Communications Systems Inc (NAS:BRCD)
Days Payable
14.05 (As of Jul. 2014)

Brocade Communications Systems Inc's payable for the three months ended in Jul. 2014 was $84 Mil. Brocade Communications Systems Inc's revenue for the three months ended in Jul. 2014 was $545 Mil. Hence, Brocade Communications Systems Inc's days payable for the three months ended in Jul. 2014 was 14.05.

Brocade Communications Systems Inc's days payable declined from Jul. 2013 (16.27) to Jul. 2014 (14.05). It may suggest that Brocade Communications Systems Inc 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.

Brocade Communications Systems Inc's Days Payable for the fiscal year that ended in Oct. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=99.299/2222.864*365
=16.31

Brocade Communications Systems Inc's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=84.242/545.464*91
=14.05

* 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.

Brocade Communications Systems Inc Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
DaysPayable 23.7515.1227.5932.1141.7234.5725.6818.6121.6016.31

Brocade Communications Systems Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 17.2019.0920.8415.7417.1016.2716.1712.6813.5514.05
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)
Free 7-day Trial
FEEDBACK