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Insight Enterprises Inc (NAS:NSIT)
Days Payable
56.78 (As of Sep. 2016)

Insight Enterprises Inc's payable for the three months ended in Sep. 2016 was $754 Mil. Insight Enterprises Inc's cost of goods sold for the three months ended in Sep. 2016 was $1,211 Mil. Hence, Insight Enterprises Inc's days payable for the three months ended in Sep. 2016 was 56.78.

NSIT' s Days Payable Range Over the Past 10 Years
Min: 58.87   Max: 79.3
Current: 58.87

58.87
79.3

During the past 13 years, Insight Enterprises Inc's highest Days Payable was 79.30. The lowest was 58.87. And the median was 71.31.

NSIT's Days Payable is ranked higher than
62% of the 1331 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.28 vs. NSIT: 58.87 )

Insight Enterprises Inc's days payable declined from Sep. 2015 (60.07) to Sep. 2016 (56.78). It may suggest that Insight Enterprises 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.

Insight Enterprises Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=942.697/4603.826*365
=74.74

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=753.546/1210.908*365 / 4
=56.78

* 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.

Insight Enterprises Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 71.4660.4559.6571.1577.2970.3578.2869.8774.7479.30

Insight Enterprises Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 73.4757.6668.0664.1690.3460.0776.5364.4686.8356.78
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