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International Game Technology PLC (NYSE:IGT)
Days Payable
128.78 (As of Mar. 2016)

International Game Technology PLC's payable for the three months ended in Mar. 2016 was $1,087 Mil. International Game Technology PLC's cost of goods sold for the three months ended in Mar. 2016 was $771 Mil. Hence, International Game Technology PLC's days payable for the three months ended in Mar. 2016 was 128.78.

IGT' s Days Payable Range Over the Past 10 Years
Min: 163.17   Max: 825.18
Current: 126.11

163.17
825.18

During the past 14 years, International Game Technology PLC's highest Days Payable was 825.18. The lowest was 163.17. And the median was 304.46.

IGT's Days Payable is ranked higher than
78% of the 560 Companies
in the Global Gambling industry.

( Industry Median: 45.20 vs. IGT: 126.11 )

International Game Technology PLC's days payable declined from Mar. 2015 (168.23) to Mar. 2016 (128.78). It may suggest that International Game Technology PLC 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.

International Game Technology PLC's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1241.037/1883.523*365
=240.50

International Game Technology PLC's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1087.472/770.539*365 / 4
=128.78

* 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 PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 538.69317.15294.82314.100.000.00226.70163.17240.50131.44

International Game Technology PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 86.55204.68158.82152.61190.31168.23117.63116.59119.80128.78
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