Finisar (Finisar) Days Payable : 57.57 (As of Jul. 2019)

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What is Finisar Days Payable?

Finisar's average Accounts Payable for the three months ended in Jul. 2019 was $126 Mil. Finisar's Cost of Goods Sold for the three months ended in Jul. 2019 was $200 Mil. Hence, Finisar's Days Payable for the three months ended in Jul. 2019 was 57.57.

The historical rank and industry rank for Finisar's Days Payable or its related term are showing as below:

FNSR's Days Payable is not ranked ^*
in the Hardware industry.
Industry Median: 67.96
* Ranked among companies with meaningful Days Payable only.

Finisar's Days Payable increased from Jul. 2018 (54.37) to Jul. 2019 (57.57). It may suggest that Finisar delayed paying its suppliers.

Finisar Days Payable Historical Data

The historical data trend for Finisar's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Finisar Days Payable Chart

Finisar Annual Data

Trend

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Days Payable

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50.88

54.86

54.45

52.16

51.79

Finisar Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19
Days Payable	Get a 7-Day Free Trial															54.37	53.94	51.28	53.46	57.57

Competitive Comparison of Finisar's Days Payable

For the Communication Equipment subindustry, Finisar's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Finisar's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Finisar's Days Payable distribution charts can be found below:

* The bar in red indicates where Finisar's Days Payable falls into.

Finisar Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Finisar's Days Payable for the fiscal year that ended in Apr. 2019 is calculated as

	Days Payable (A: Apr. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2018 )	+	Accounts Payable (A: Apr. 2019 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2019 )	*	Days in Period
=	( (132.161	+	132.44)	/	2 )	/	932.387	*	365
=	132.3005					/	932.387	*	365
=	51.79

Finisar's Days Payable for the quarter that ended in Jul. 2019 is calculated as:

	Days Payable (Q: Jul. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2019 )	+	Accounts Payable (Q: Jul. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2019 )	*	Days in Period
=	( (132.44	+	119.628)	/	2 )	/	199.763	*	365 / 4
=	126.034					/	199.763	*	365 / 4
=	57.57

Finisar Days Payable Related Terms

Thank you for viewing the detailed overview of Finisar's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Finisar (Finisar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Finisar Corp (NAS:FNSR) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089

Website

http://www.finisar.com

Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.

Executives

Michael L Dreyer	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child	director	125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun	director	C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet	director
Jerry S Rawls	director	1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens	director	3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema	officer: EVP & Chief Financial Officer	1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston	director, officer: CEO	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel	director, officer: CEO	11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont	director	5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi	director	C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones	director	C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson	director	3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes	director	C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089