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Nuance Communications Inc (NAS:NUAN)
Days Payable
41.00 (As of Sep. 2016)

Nuance Communications Inc's payable for the three months ended in Sep. 2016 was $95 Mil. Nuance Communications Inc's cost of goods sold for the three months ended in Sep. 2016 was $211 Mil. Hence, Nuance Communications Inc's days payable for the three months ended in Sep. 2016 was 41.00.

NUAN' s Days Payable Range Over the Past 10 Years
Min: 24.93   Max: 102.63
Current: 41.61

24.93
102.63

During the past 13 years, Nuance Communications Inc's highest Days Payable was 102.63. The lowest was 24.93. And the median was 51.87.

NUAN's Days Payable is ranked lower than
52% of the 1331 Companies
in the Global Software - Application industry.

( Industry Median: 43.28 vs. NUAN: 41.61 )

Nuance Communications Inc's days payable increased from Sep. 2015 (24.45) to Sep. 2016 (41.00). It may suggest that Nuance Communications 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.

Nuance Communications Inc's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=94.599/829.5*365
=41.63

Nuance Communications 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
=94.599/210.524*365 / 4
=41.00

* 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.

Nuance Communications Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 102.6336.4560.4870.1060.3968.3043.3426.7624.9341.63

Nuance Communications Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 28.6327.0625.0326.1019.0924.4521.3726.1035.9541.00
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