Switch to:
GuruFocus has detected 5 Warning Signs with HP Inc $HPQ.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
HP Inc (NYSE:HPQ)
Days Payable
99.12 (As of Oct. 2016)

HP Inc's payable for the three months ended in Oct. 2016 was $11,103 Mil. HP Inc's cost of goods sold for the three months ended in Oct. 2016 was $10,221 Mil. Hence, HP Inc's days payable for the three months ended in Oct. 2016 was 99.12.

HPQ' s Days Payable Range Over the Past 10 Years
Min: 52.74   Max: 127.77
Current: 103.28

52.74
127.77

During the past 13 years, HP Inc's highest Days Payable was 127.77. The lowest was 52.74. And the median was 59.97.

HPQ's Days Payable is ranked higher than
82% of the 1746 Companies
in the Global Computer Systems industry.

( Industry Median: 57.97 vs. HPQ: 103.28 )

HP Inc's days payable increased from Oct. 2015 (93.96) to Oct. 2016 (99.12). It may suggest that HP Inc 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.

HP Inc's Days Payable for the fiscal year that ended in Oct. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11103/39240*365
=103.28

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11103/10221*365 / 4
=99.12

* 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.

HP Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysPayable 54.9160.7061.7654.7055.2652.7459.24127.7789.61103.28

HP Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 65.870.00121.47130.75141.3893.9682.8288.9197.6599.12
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)
FEEDBACK