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Brocade Communications Systems Inc (NAS:BRCD)
Days Payable
47.26 (As of Jul. 2016)

Brocade Communications Systems Inc's payable for the three months ended in Jul. 2016 was $121 Mil. Brocade Communications Systems Inc's cost of goods sold for the three months ended in Jul. 2016 was $234 Mil. Hence, Brocade Communications Systems Inc's days payable for the three months ended in Jul. 2016 was 47.26.

BRCD' s Days Payable Range Over the Past 10 Years
Min: 39.56   Max: 100.89
Current: 56.17

39.56
100.89

During the past 13 years, Brocade Communications Systems Inc's highest Days Payable was 100.89. The lowest was 39.56. And the median was 56.28.

BRCD's Days Payable is ranked higher than
53% of the 1784 Companies
in the Global Data Storage industry.

( Industry Median: 54.36 vs. BRCD: 56.17 )

Brocade Communications Systems Inc's days payable declined from Jul. 2015 (48.59) to Jul. 2016 (47.26). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=98.143/735.387*365
=48.71

Brocade Communications Systems Inc's Days Payable for the quarter that ended in Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=121.093/233.822*365 / 4
=47.26

* 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

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysPayable 67.8669.02100.8971.9562.4446.2550.1139.5645.8848.71

Brocade Communications Systems Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 39.9541.8345.6743.1448.0948.5946.0336.4251.4347.26
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