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GuruFocus has detected 7 Warning Signs with Marvell Technology Group Ltd $MRVL.
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Marvell Technology Group Ltd (NAS:MRVL)
Days Payable
53.69 (As of Jan. 2017)

Marvell Technology Group Ltd's payable for the three months ended in Jan. 2017 was $143 Mil. Marvell Technology Group Ltd's cost of goods sold for the three months ended in Jan. 2017 was $244 Mil. Hence, Marvell Technology Group Ltd's days payable for the three months ended in Jan. 2017 was 53.69.

MRVL' s Days Payable Range Over the Past 10 Years
Min: 35.57   Max: 84.29
Current: 48.64

35.57
84.29

During the past 13 years, Marvell Technology Group Ltd's highest Days Payable was 84.29. The lowest was 35.57. And the median was 62.87.

MRVL's Days Payable is ranked lower than
51% of the 660 Companies
in the Global Semiconductors industry.

( Industry Median: 49.97 vs. MRVL: 48.64 )

Marvell Technology Group Ltd's days payable declined from Jan. 2016 (54.39) to Jan. 2017 (53.69). 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. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=143.484/1029.527*365
=50.87

Marvell Technology Group Ltd's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=143.484/243.883*365 / 4
=53.69

* 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.

Marvell Technology Group Ltd Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysPayable 56.3335.5784.2982.2575.8770.0369.4156.0144.0550.87

Marvell Technology Group Ltd Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 68.4861.8977.1957.1256.9454.3968.1967.5658.4553.69
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