Switch to:
Lexmark International Inc (NYSE:LXK)
Days Payable
98.50 (As of Mar. 2016)

Lexmark International Inc's payable for the three months ended in Mar. 2016 was $540 Mil. Lexmark International Inc's cost of goods sold for the three months ended in Mar. 2016 was $500 Mil. Hence, Lexmark International Inc's days payable for the three months ended in Mar. 2016 was 98.50.

LXK' s Days Payable Range Over the Past 10 Years
Min: 58.3   Max: 84.53
Current: 92.36

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
80% of the 1885 Companies
in the Global Computer Systems industry.

( Industry Median: 55.44 vs. LXK: 92.36 )

Lexmark International Inc's days payable increased from Mar. 2015 (92.86) to Mar. 2016 (98.50). 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=539.5/499.8*365 / 4
=98.50

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 63.2968.1767.9272.4472.9068.5078.0277.9284.5385.00

Lexmark International Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 74.2981.9983.3275.7973.3192.8686.3382.2078.4498.50
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)

GuruFocus Premium Plus Membership

FEEDBACK