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Flextronics International Ltd (NAS:FLEX)
Days Payable
72.01 (As of Jun. 2016)

Flextronics International Ltd's payable for the three months ended in Jun. 2016 was $4,318 Mil. Flextronics International Ltd's cost of goods sold for the three months ended in Jun. 2016 was $5,471 Mil. Hence, Flextronics International Ltd's days payable for the three months ended in Jun. 2016 was 72.01.

FLEX' s Days Payable Range Over the Past 10 Years
Min: 49.82   Max: 74.64
Current: 68.32

49.82
74.64

During the past 13 years, Flextronics International Ltd's highest Days Payable was 74.64. The lowest was 49.82. And the median was 68.52.

FLEX's Days Payable is ranked higher than
65% of the 1806 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 54.39 vs. FLEX: 68.32 )

Flextronics International Ltd's days payable declined from Jun. 2015 (75.90) to Jun. 2016 (72.01). It may suggest that Flextronics International Ltd 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.

Flextronics International Ltd's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4248.292/22810.824*365
=67.98

Flextronics International Ltd's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4317.571/5470.818*365 / 4
=72.01

* 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.

Flextronics International Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 70.0774.6449.8270.9269.0656.3460.3770.2567.6767.98

Flextronics International Ltd Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 68.1069.1069.6266.9074.6975.9073.8069.4472.2472.01
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