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Lexmark International Inc (NYSE:LXK)
Days Payable
70.75 (As of Sep. 2016)

Lexmark International Inc's payable for the three months ended in Sep. 2016 was $399 Mil. Lexmark International Inc's cost of goods sold for the three months ended in Sep. 2016 was $515 Mil. Hence, Lexmark International Inc's days payable for the three months ended in Sep. 2016 was 70.75.

LXK' s Days Payable Range Over the Past 10 Years
Min: 63.29   Max: 85
Current: 68.57

63.29
85

During the past 13 years, Lexmark International Inc's highest Days Payable was 85.00. The lowest was 63.29. And the median was 72.67.

LXK's Days Payable is ranked higher than
61% of the 1770 Companies
in the Global Computer Systems industry.

( Industry Median: 57.09 vs. LXK: 68.57 )

Lexmark International Inc's days payable declined from Sep. 2015 (82.20) to Sep. 2016 (70.75). It may suggest that Lexmark International Inc 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.

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. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=398.9/514.5*365 / 4
=70.75

* 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.

Lexmark International Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 63.2968.1767.9272.4472.9068.5078.0277.9284.5385.00

Lexmark International Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 83.3275.7973.3192.8686.3382.2078.4498.5078.5870.75
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