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GuruFocus has detected 2 Warning Signs with Motorola Solutions Inc $MSI.
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Motorola Solutions Inc (NYSE:MSI)
Days Payable
70.04 (As of Dec. 2016)

Motorola Solutions Inc's payable for the three months ended in Dec. 2016 was $733 Mil. Motorola Solutions Inc's cost of goods sold for the three months ended in Dec. 2016 was $955 Mil. Hence, Motorola Solutions Inc's days payable for the three months ended in Dec. 2016 was 70.04.

MSI' s Days Payable Range Over the Past 10 Years
Min: 53.5   Max: 84.43
Current: 84.4

53.5
84.43

During the past 13 years, Motorola Solutions Inc's highest Days Payable was 84.43. The lowest was 53.50. And the median was 69.19.

MSI's Days Payable is ranked higher than
54% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.15 vs. MSI: 84.40 )

Motorola Solutions Inc's days payable declined from Dec. 2015 (70.60) to Dec. 2016 (70.04). It may suggest that Motorola Solutions Inc 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.

Motorola Solutions Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=733/3169*365
=84.43

Motorola Solutions Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=733/955*365 / 4
=70.04

* 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

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 57.0353.5058.7870.1260.9183.6868.2580.3080.0984.43

Motorola Solutions Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 60.8767.2159.0852.8554.8570.6073.5566.0866.9670.04
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