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PMC-Sierra Inc (NAS:PMCS)
Days Payable
43.85 (As of Sep. 2015)

PMC-Sierra Inc's payable for the three months ended in Sep. 2015 was $18.3 Mil. PMC-Sierra Inc's cost of goods sold for the three months ended in Sep. 2015 was $38.0 Mil. Hence, PMC-Sierra Inc's days payable for the three months ended in Sep. 2015 was 43.85.

PMC-Sierra Inc's days payable increased from Sep. 2014 (43.22) to Sep. 2015 (43.85). It may suggest that PMC-Sierra 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.

PMC-Sierra 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
=23.36/155.396*365
=54.87

PMC-Sierra Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=18.261/37.999*365 / 4
=43.85

* 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.

PMC-Sierra Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 96.9647.5455.3634.2949.1957.2066.1362.9856.6954.87

PMC-Sierra Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 67.1351.8956.6243.7946.6043.2252.3746.4644.7543.85
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