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Nuance Communications Inc (NAS:NUAN)
Days Payable
21.37 (As of Dec. 2015)

Nuance Communications Inc's payable for the three months ended in Dec. 2015 was $48 Mil. Nuance Communications Inc's cost of goods sold for the three months ended in Dec. 2015 was $206 Mil. Hence, Nuance Communications Inc's days payable for the three months ended in Dec. 2015 was 21.37.

NUAN' s Days Payable Range Over the Past 10 Years
Min: 24.89   Max: 102.63
Current: 21.32

24.89
102.63

During the past 13 years, Nuance Communications Inc's highest Days Payable was 102.63. The lowest was 24.89. And the median was 60.44.

NUAN's Days Payable is ranked lower than
72% of the 1290 Companies
in the Global Software - Application industry.

( Industry Median: 44.10 vs. NUAN: 21.32 )

Nuance Communications Inc's days payable declined from Dec. 2014 (25.03) to Dec. 2015 (21.37). It may suggest that Nuance Communications 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.

Nuance Communications Inc's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=56.581/829.879*365
=24.89

Nuance Communications Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=48.218/205.909*365 / 4
=21.37

* 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.

Nuance Communications Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 83.73102.6336.4560.4870.1060.3968.3043.3426.7024.89

Nuance Communications Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 41.7925.9625.1228.6326.8325.0326.0619.0724.4121.37
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