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Marvell Technology Group Ltd (NAS:MRVL)
Days Payable
68.19 (As of Apr. 2016)

Marvell Technology Group Ltd's payable for the three months ended in Apr. 2016 was $194 Mil. Marvell Technology Group Ltd's cost of goods sold for the three months ended in Apr. 2016 was $259 Mil. Hence, Marvell Technology Group Ltd's days payable for the three months ended in Apr. 2016 was 68.19.

MRVL' s Days Payable Range Over the Past 10 Years
Min: 35.57   Max: 82.51
Current: 63.26

35.57
82.51

During the past 13 years, Marvell Technology Group Ltd's highest Days Payable was 82.51. The lowest was 35.57. And the median was 69.72.

MRVL's Days Payable is ranked higher than
66% of the 756 Companies
in the Global Semiconductors industry.

( Industry Median: 49.14 vs. MRVL: 63.26 )

Marvell Technology Group Ltd's days payable declined from Apr. 2015 (77.19) to Apr. 2016 (68.19). It may suggest that Marvell Technology Group Ltd 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.

Marvell Technology Group Ltd's Days Payable for the fiscal year that ended in Jan. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=180.372/1494.736*365
=44.05

Marvell Technology Group Ltd's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=193.697/259.21*365 / 4
=68.19

* 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.

Marvell Technology Group Ltd Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 81.2656.3335.5782.5182.2575.8770.0369.4156.0144.05

Marvell Technology Group Ltd Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 75.5779.4068.4861.8977.1957.1256.9454.3968.1967.56
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