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EMC Corp (NYSE:EMC)
Days Payable
42.86 (As of Sep. 2015)

EMC Corp's payable for the three months ended in Sep. 2015 was $1,115 Mil. EMC Corp's cost of goods sold for the three months ended in Sep. 2015 was $2,374 Mil. Hence, EMC Corp's days payable for the three months ended in Sep. 2015 was 42.86.

EMC' s Days Payable Range Over the Past 10 Years
Min: 41.55   Max: 67.35
Current: 61.79

41.55
67.35

During the past 13 years, EMC Corp's highest Days Payable was 67.35. The lowest was 41.55. And the median was 51.15.

EMC's Days Payable is ranked higher than
52% of the 1905 Companies
in the Global Data Storage industry.

( Industry Median: 58.87 vs. EMC: 61.79 )

EMC Corp's days payable declined from Sep. 2014 (44.21) to Sep. 2015 (42.86). It may suggest that EMC Corp 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.

EMC Corp's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1696/9191*365
=67.35

EMC Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1115/2374*365 / 4
=42.86

* 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.

EMC Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 47.3750.9941.5552.2655.5351.3047.0559.8367.3561.78

EMC Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 48.2153.2445.8048.6244.2160.8348.3946.1642.8656.52
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