Switch to:
Motorola Solutions Inc (NYSE:MSI)
Days Payable
66.96 (As of Sep. 2016)

Motorola Solutions Inc's payable for the three months ended in Sep. 2016 was $565 Mil. Motorola Solutions Inc's cost of goods sold for the three months ended in Sep. 2016 was $770 Mil. Hence, Motorola Solutions Inc's days payable for the three months ended in Sep. 2016 was 66.96.

MSI' s Days Payable Range Over the Past 10 Years
Min: 53.5   Max: 83.68
Current: 67.42

53.5
83.68

During the past 13 years, Motorola Solutions Inc's highest Days Payable was 83.68. The lowest was 53.50. And the median was 64.73.

MSI's Days Payable is ranked higher than
56% of the 437 Companies
in the Global Communication Equipment industry.

( Industry Median: 58.08 vs. MSI: 67.42 )

Motorola Solutions Inc's days payable increased from Sep. 2015 (54.85) to Sep. 2016 (66.96). It may suggest that Motorola Solutions 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.

Motorola Solutions Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=653/2976*365
=80.09

Motorola Solutions 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
=565/770*365 / 4
=66.96

* 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.

Motorola Solutions Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 61.2057.0353.5058.7870.1260.9183.6868.2580.3080.09

Motorola Solutions Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 56.0960.8767.2159.0852.8554.8570.6073.5566.0866.96
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)
FEEDBACK