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International Game Technology (NYSE:IGT)
Days Payable
21.31 (As of Mar. 2014)

International Game Technology's payable for the three months ended in Mar. 2014 was $120 Mil. International Game Technology's revenue for the three months ended in Mar. 2014 was $513 Mil. Hence, International Game Technology's days payable for the three months ended in Mar. 2014 was 21.31.

International Game Technology's days payable increased from Mar. 2013 (14.26) to Mar. 2014 (21.31). It may suggest that International Game Technology 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.

International Game Technology's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=143.7/2341.6*365
=22.40

International Game Technology's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=120.1/512.8*91
=21.31

* 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.

International Game Technology Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysPayable 12.5914.8316.7816.8615.4421.2819.8623.1318.9422.40

International Game Technology Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 24.5515.5918.9216.0915.5514.2621.0020.6821.4621.31
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