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Cisco Systems Inc (NAS:CSCO)
Days Payable
20.34 (As of Oct. 2016)

Cisco Systems Inc's payable for the three months ended in Oct. 2016 was $996 Mil. Cisco Systems Inc's cost of goods sold for the three months ended in Oct. 2016 was $4,468 Mil. Hence, Cisco Systems Inc's days payable for the three months ended in Oct. 2016 was 20.34.

CSCO' s Days Payable Range Over the Past 10 Years
Min: 17.56   Max: 22.79
Current: 20.3

17.56
22.79

During the past 13 years, Cisco Systems Inc's highest Days Payable was 22.79. The lowest was 17.56. And the median was 20.15.

CSCO's Days Payable is ranked lower than
91% of the 433 Companies
in the Global Communication Equipment industry.

( Industry Median: 58.11 vs. CSCO: 20.30 )

Cisco Systems Inc's days payable declined from Oct. 2015 (21.05) to Oct. 2016 (20.34). It may suggest that Cisco 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.

Cisco Systems Inc's Days Payable for the fiscal year that ended in Jul. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1104/19480*365
=20.69

Cisco Systems Inc's Days Payable for the quarter that ended in Oct. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=996/4468*365 / 4
=20.34

* 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.

Cisco Systems Inc Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysPayable 22.7922.3518.9222.6919.1717.5619.6019.4420.6921.08

Cisco Systems Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 19.0218.9918.6022.1219.7121.0519.5321.4720.6620.34
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