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Lexmark International Inc (NYSE:LXK)
Days Payable
82.20 (As of Sep. 2015)

Lexmark International Inc's payable for the three months ended in Sep. 2015 was $479 Mil. Lexmark International Inc's cost of goods sold for the three months ended in Sep. 2015 was $532 Mil. Hence, Lexmark International Inc's days payable for the three months ended in Sep. 2015 was 82.20.

LXK' s Days Payable Range Over the Past 10 Years
Min: 58.3   Max: 84.53
Current: 78.23

58.3
84.53

During the past 13 years, Lexmark International Inc's highest Days Payable was 84.53. The lowest was 58.30. And the median was 70.47.

LXK's Days Payable is ranked higher than
68% of the 1904 Companies
in the Global Computer Systems industry.

( Industry Median: 58.75 vs. LXK: 78.23 )

Lexmark International Inc's days payable increased from Sep. 2014 (75.79) to Sep. 2015 (82.20). It may suggest that Lexmark International 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.

Lexmark International Inc'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
=532.8/2300.7*365
=84.53

Lexmark International Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=478.8/531.5*365 / 4
=82.20

* 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.

Lexmark International Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 58.3063.2968.1767.9272.4472.9068.5078.0977.9284.53

Lexmark International Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 80.5381.4173.6381.9983.3275.7973.3192.8686.3382.20
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