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Molex, Inc. (NAS:MOLX)
Days Accounts Payable
51.05 (As of Sep. 2013)

Molex, Inc.'s accounts payable for the three months ended in Sep. 2013 was $355 Mil. Molex, Inc.'s cost of goods sold for the three months ended in Sep. 2013 was $634 Mil. Hence, Molex, Inc.'s days accounts payable for the three months ended in Sep. 2013 was 51.05.

Molex, Inc.'s days accounts payable declined from Sep. 2012 (58.03) to Sep. 2013 (51.05). It may suggest that Molex, Inc. accelerated paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Molex, Inc.'s Days Accounts Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=347.7/2557.333*365
=49.63

Molex, Inc.'s Days Accounts Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=354.565/633.816*365 / 4
=51.05

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Molex, Inc. Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Days Accts Payable 58.3154.9859.9445.4155.2750.5468.2652.5553.6049.63

Molex, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
Days Accts Payable 51.9349.6048.6649.4053.9858.0346.3945.5350.6951.05
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