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Insight Enterprises Inc (NAS:NSIT)
Days Payable
64.46 (As of Mar. 2016)

Insight Enterprises Inc's payable for the three months ended in Mar. 2016 was $712 Mil. Insight Enterprises Inc's cost of goods sold for the three months ended in Mar. 2016 was $1,008 Mil. Hence, Insight Enterprises Inc's days payable for the three months ended in Mar. 2016 was 64.46.

NSIT' s Days Payable Range Over the Past 10 Years
Min: 59.65   Max: 79.3
Current: 56.41

59.65
79.3

During the past 13 years, Insight Enterprises Inc's highest Days Payable was 79.30. The lowest was 59.65. And the median was 70.75.

NSIT's Days Payable is ranked higher than
60% of the 1363 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.52 vs. NSIT: 56.41 )

Insight Enterprises Inc's days payable increased from Mar. 2015 (64.16) to Mar. 2016 (64.46). It may suggest that Insight Enterprises 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.

Insight Enterprises 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
=1011.791/4656.758*365
=79.30

Insight Enterprises Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=711.946/1007.874*365 / 4
=64.46

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Insight Enterprises Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 66.8560.4559.6571.1577.2970.3578.2869.8774.7479.30

Insight Enterprises Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 63.9665.8073.4757.6668.0664.1690.3460.0776.5364.46
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