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Computer Sciences Corp (NYSE:CSC)
Days Payable
21.31 (As of Mar. 2016)

Computer Sciences Corp's payable for the three months ended in Mar. 2016 was $341 Mil. Computer Sciences Corp's cost of goods sold for the three months ended in Mar. 2016 was $1,460 Mil. Hence, Computer Sciences Corp's days payable for the three months ended in Mar. 2016 was 21.31.

CSC' s Days Payable Range Over the Past 10 Years
Min: 11.49   Max: 26.43
Current: 22.14

11.49
26.43

During the past 13 years, Computer Sciences Corp's highest Days Payable was 26.43. The lowest was 11.49. And the median was 15.60.

CSC's Days Payable is ranked lower than
73% of the 1288 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.61 vs. CSC: 22.14 )

Computer Sciences Corp's days payable increased from Mar. 2015 (15.83) to Mar. 2016 (21.31). It may suggest that Computer Sciences Corp delayed 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.

Computer Sciences Corp's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=341/5185*365
=24.00

Computer Sciences Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=341/1460*365 / 4
=21.31

* 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.

Computer Sciences Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 26.4322.1517.5211.6714.6011.7011.4915.0316.1624.00

Computer Sciences Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 14.9114.5915.7112.2315.8318.5620.2015.8321.3123.63
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