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GuruFocus has detected 8 Warning Signs with Maxim Integrated Products Inc $MXIM.
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Maxim Integrated Products Inc (NAS:MXIM)
Days Payable
35.31 (As of Mar. 2017)

Maxim Integrated Products Inc's payable for the three months ended in Mar. 2017 was $83 Mil. Maxim Integrated Products Inc's cost of goods sold for the three months ended in Mar. 2017 was $214 Mil. Hence, Maxim Integrated Products Inc's days payable for the three months ended in Mar. 2017 was 35.31.

MXIM' s Days Payable Range Over the Past 10 Years
Min: 31.15   Max: 56.35
Current: 35.2

31.15
56.35

During the past 13 years, Maxim Integrated Products Inc's highest Days Payable was 56.35. The lowest was 31.15. And the median was 38.20.

MXIM's Days Payable is ranked lower than
77% of the 743 Companies
in the Global Semiconductors industry.

( Industry Median: 51.49 vs. MXIM: 35.20 )

Maxim Integrated Products Inc's days payable increased from Mar. 2016 (31.92) to Mar. 2017 (35.31). It may suggest that Maxim Integrated Products 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.

Maxim Integrated Products Inc's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=82.535/950.331*365
=31.70

Maxim Integrated Products Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=82.938/214.312*365 / 4
=35.31

* 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.

Maxim Integrated Products Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 43.1835.7132.0948.9142.6656.3540.6834.8631.1531.70

Maxim Integrated Products Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 29.8029.7328.9126.6830.9431.9234.3735.3730.5235.31
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