Switch to:
GuruFocus has detected 5 Warning Signs with International Game Technology PLC $IGT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
International Game Technology PLC (NYSE:IGT)
Days Payable
135.18 (As of Dec. 2016)

International Game Technology PLC's payable for the three months ended in Dec. 2016 was $1,216 Mil. International Game Technology PLC's cost of goods sold for the three months ended in Dec. 2016 was $821 Mil. Hence, International Game Technology PLC's days payable for the three months ended in Dec. 2016 was 135.18.

IGT' s Days Payable Range Over the Past 10 Years
Min: 131.44   Max: 339.01
Current: 141.55

131.44
339.01

During the past 13 years, International Game Technology PLC's highest Days Payable was 339.01. The lowest was 131.44. And the median was 226.70.

IGT's Days Payable is ranked higher than
78% of the 491 Companies
in the Global Gambling industry.

( Industry Median: 48.43 vs. IGT: 141.55 )

International Game Technology PLC's days payable increased from Dec. 2015 (112.99) to Dec. 2016 (135.18). It may suggest that International Game Technology PLC 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 PLC's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1216.079/3135.837*365
=141.55

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1216.079/820.889*365 / 4
=135.18

* 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.

International Game Technology PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 317.15294.82339.01335.310.00226.70189.92180.15131.44141.55

International Game Technology PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 152.61190.31168.23120.00118.73112.99128.78118.27109.93135.18
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