Switch to:
Finisar Corp (NAS:FNSR)
Days Payable
54.07 (As of Jan. 2016)

Finisar Corp's payable for the three months ended in Jan. 2016 was $131 Mil. Finisar Corp's cost of goods sold for the three months ended in Jan. 2016 was $221 Mil. Hence, Finisar Corp's days payable for the three months ended in Jan. 2016 was 54.07.

FNSR' s Days Payable Range Over the Past 10 Years
Min: 38.87   Max: 62.3
Current: 52.58

38.87
62.3

During the past 13 years, Finisar Corp's highest Days Payable was 62.30. The lowest was 38.87. And the median was 50.97.

FNSR's Days Payable is ranked lower than
57% of the 444 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.47 vs. FNSR: 52.58 )

Finisar Corp's days payable increased from Jan. 2015 (49.51) to Jan. 2016 (54.07). It may suggest that Finisar Corp 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.

Finisar Corp's Days Payable for the fiscal year that ended in Apr. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=131.51/900.034*365
=53.33

Finisar Corp's Days Payable for the quarter that ended in Jan. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=131.24/221.466*365 / 4
=54.07

* 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.

Finisar Corp Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
DaysPayable 46.4855.1052.6049.3362.3043.7538.8741.8457.3753.33

Finisar Corp Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
DaysPayable 47.8446.8652.0357.1248.7349.5151.9956.2052.3954.07
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK