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Cisco Systems Inc (NAS:CSCO)
Days Payable
22.12 (As of Apr. 2015)

Cisco Systems Inc's payable for the three months ended in Apr. 2015 was $1,118 Mil. Cisco Systems Inc's cost of goods sold for the three months ended in Apr. 2015 was $4,612 Mil. Hence, Cisco Systems Inc's days payable for the three months ended in Apr. 2015 was 22.12.

Cisco Systems Inc's days payable increased from Apr. 2014 (21.13) to Apr. 2015 (22.12). It may suggest that Cisco Systems Inc 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.

Cisco Systems Inc's Days Payable for the fiscal year that ended in Jul. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1032/19373*365
=19.44

Cisco Systems Inc's Days Payable for the quarter that ended in Apr. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1118/4612*365 / 4
=22.12

* 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

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
DaysPayable 33.0032.9922.7922.3518.9222.6919.1717.5619.6019.44

Cisco Systems Inc Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
DaysPayable 17.0818.5618.5219.9915.6221.1319.0218.9918.6022.12
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