QLogic (QLogic) Days Payable : 65.05 (As of Jun. 2016)

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What is QLogic Days Payable?

QLogic's average Accounts Payable for the three months ended in Jun. 2016 was $34.4 Mil. QLogic's Cost of Goods Sold for the three months ended in Jun. 2016 was $48.3 Mil. Hence, QLogic's Days Payable for the three months ended in Jun. 2016 was 65.05.

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

QLGC's Days Payable is not ranked ^*
in the Hardware industry.
Industry Median: 67.95
* Ranked among companies with meaningful Days Payable only.

QLogic's Days Payable declined from Jun. 2015 (77.32) to Jun. 2016 (65.05). It may suggest that QLogic accelerated paying its suppliers.

QLogic Days Payable Historical Data

The historical data trend for QLogic'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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QLogic Days Payable Chart

QLogic Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Days Payable

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70.88

73.22

73.01

60.64

68.22

QLogic Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Payable	Get a 7-Day Free Trial															77.32	78.24	55.32	54.43	65.05

Competitive Comparison of QLogic's Days Payable

For the Computer Hardware subindustry, QLogic'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.

QLogic's Days Payable Distribution in the Hardware Industry

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

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

QLogic 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.

QLogic's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

	Days Payable (A: Mar. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2015 )	+	Accounts Payable (A: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2016 )	*	Days in Period
=	( (40.497	+	29.576)	/	2 )	/	187.464	*	365
=	35.0365					/	187.464	*	365
=	68.22

QLogic's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

	Days Payable (Q: Jun. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2016 )	+	Accounts Payable (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (29.576	+	39.294)	/	2 )	/	48.302	*	365 / 4
=	34.435					/	48.302	*	365 / 4
=	65.05

QLogic Days Payable Related Terms

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QLogic (QLogic) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.qlogic.com

QLogic provides high-performance server and storage networking connectivity products to original-equipment manufacturers of server and storage systems. Its products are used in enterprise, managed service provider, and cloud-service provider data centers. They facilitate the transfer of data and enable resource sharing between servers, networks, and storage. Roughly half of the firm's revenue is generated in Asia-Pacific and Japan, with the rest coming from the United States, Europe, the Middle East, and Africa.

Executives

Christine King	director, officer: Executive Chairman	AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Anthony Carrozza	officer: Senior VP - WW Sales
William M Zeitler	director	QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
John T Dickson	director	QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Balakrishnan S Iyer	director	5221 CALIFORNIA AVE., IRVINE CA 92617
Jean X. Hu	officer: Acting CEO, Senior VP and CFO	2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Kathryn B Lewis	director	15353 BARRANCA PARKWAY, IRVINE CA 92618
Hk Desai	director, officer: Executive Chairman	26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Robert Crawford	officer: Senior VP - WW Sales	56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Perry Mulligan	officer: Senior VP - WW Operations	EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Simon Biddiscombe	director, officer: President and CEO	C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
James R Fiebiger	director	C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Scott Genereux	officer: Senior VP - WW Sales	26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Larry R Carter	director	170 W. TASMAN DRIVE, SAN JOSE CA 95134
Jeff Benck	officer: President and COO	BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281