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HP Inc (NYSE:HPQ)
Days Payable
75.19 (As of Oct. 2015)

HP Inc's payable for the three months ended in Oct. 2015 was $15,956 Mil. HP Inc's cost of goods sold for the three months ended in Oct. 2015 was $19,363 Mil. Hence, HP Inc's days payable for the three months ended in Oct. 2015 was 75.19.

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

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
65% of the 1905 Companies
in the Global Computer Systems industry.

( Industry Median: 58.87 vs. HPQ: 74.10 )

HP Inc's days payable increased from Oct. 2014 (67.73) to Oct. 2015 (75.19). 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. 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 Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15956/19363*365 / 4
=75.19

* 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 63.6254.9160.7061.7654.6455.2652.7459.2468.4274.10

HP Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 58.1557.0153.0659.5965.8767.7365.9770.3973.4575.19
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