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Cisco Systems Inc (NAS:CSCO)
Days Payable
21.47 (As of Apr. 2016)

Cisco Systems Inc's payable for the three months ended in Apr. 2016 was $1,007 Mil. Cisco Systems Inc's cost of goods sold for the three months ended in Apr. 2016 was $4,279 Mil. Hence, Cisco Systems Inc's days payable for the three months ended in Apr. 2016 was 21.47.

CSCO' s Days Payable Range Over the Past 10 Years
Min: 17.56   Max: 32.99
Current: 19.62

17.56
32.99

During the past 13 years, Cisco Systems Inc's highest Days Payable was 32.99. The lowest was 17.56. And the median was 20.15.

CSCO's Days Payable is ranked lower than
88% of the 440 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.32 vs. CSCO: 19.62 )

Cisco Systems Inc's days payable declined from Apr. 2015 (22.12) to Apr. 2016 (21.47). 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 Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1007/4279*365 / 4
=21.47

* 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.

Cisco Systems Inc Annual Data

Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15
DaysPayable 32.9922.7922.5718.9222.6919.1717.5619.6019.4420.69

Cisco Systems Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 15.6221.1319.0218.9918.6022.1219.7121.0519.5321.47
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