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Flex Ltd (NAS:FLEX)
Days Payable
72.34 (As of Sep. 2016)

Flex Ltd's payable for the three months ended in Sep. 2016 was $4,515 Mil. Flex Ltd's cost of goods sold for the three months ended in Sep. 2016 was $5,695 Mil. Hence, Flex Ltd's days payable for the three months ended in Sep. 2016 was 72.34.

FLEX' s Days Payable Range Over the Past 10 Years
Min: 49.82   Max: 74.64
Current: 72.14

49.82
74.64

During the past 13 years, Flex 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
63% of the 1773 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 57.63 vs. FLEX: 72.14 )

Flex Ltd's days payable declined from Sep. 2015 (73.80) to Sep. 2016 (72.34). It may suggest that Flex 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.

Flex 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

Flex Ltd's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4514.566/5694.834*365 / 4
=72.34

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Flex Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 70.0774.6449.8270.9269.0656.3460.3770.2567.6767.98

Flex Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 69.1069.6266.9074.6975.9073.8069.4472.2472.0172.34
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