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Cisco Systems Inc (NAS:CSCO)
Days Accounts Payable
18.99 (As of Oct. 2014)

Cisco Systems Inc's accounts payable for the three months ended in Oct. 2014 was $1,022 Mil. Cisco Systems Inc's cost of goods sold for the three months ended in Oct. 2014 was $4,912 Mil. Hence, Cisco Systems Inc's days accounts payable for the three months ended in Oct. 2014 was 18.99.

Cisco Systems Inc's days accounts payable declined from Oct. 2013 (19.99) to Oct. 2014 (18.99). It may suggest that Cisco Systems Inc accelerated paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1032/19373*365
=19.44

Cisco Systems Inc's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1022/4912*365 / 4
=18.99

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


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
Days Accts Payable 33.0032.9922.7922.3518.9222.6919.1717.5619.6019.44

Cisco Systems Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Days Accts Payable 17.0217.4917.0818.5618.5219.9915.6221.1319.0218.99
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