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HP Inc (NYSE:HPQ)
Days Payable
88.91 (As of Apr. 2016)

HP Inc's payable for the three months ended in Apr. 2016 was $9,099 Mil. HP Inc's cost of goods sold for the three months ended in Apr. 2016 was $9,338 Mil. Hence, HP Inc's days payable for the three months ended in Apr. 2016 was 88.91.

HPQ' s Days Payable Range Over the Past 10 Years
Min: 52.74   Max: 74.1
Current: 57.28

52.74
74.1

During the past 13 years, HP Inc's highest Days Payable was 74.10. The lowest was 52.74. And the median was 59.97.

HPQ's Days Payable is ranked higher than
55% of the 1840 Companies
in the Global Computer Systems industry.

( Industry Median: 52.84 vs. HPQ: 57.28 )

HP Inc's days payable declined from Apr. 2015 (130.75) to Apr. 2016 (88.91). It may suggest that HP Inc 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.

HP Inc's Days Payable for the fiscal year that ended in Oct. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15956/78596*365
=74.10

HP Inc's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9099/9338*365 / 4
=88.91

* 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.

HP Inc Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysPayable 63.6254.9160.7061.7654.7055.2652.7459.2468.4274.10

HP Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 53.0659.5965.8767.73121.47130.7573.4575.1982.8288.91
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