Switch to:
Qualcomm Inc (NAS:QCOM)
Days Payable
48.94 (As of Dec. 2015)

Qualcomm Inc's payable for the three months ended in Dec. 2015 was $1,359 Mil. Qualcomm Inc's cost of goods sold for the three months ended in Dec. 2015 was $2,534 Mil. Hence, Qualcomm Inc's days payable for the three months ended in Dec. 2015 was 48.94.

QCOM' s Days Payable Range Over the Past 10 Years
Min: 45.72   Max: 107.55
Current: 50.28

45.72
107.55

During the past 13 years, Qualcomm Inc's highest Days Payable was 107.55. The lowest was 45.72. And the median was 71.62.

QCOM's Days Payable is ranked lower than
61% of the 437 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.65 vs. QCOM: 50.28 )

Qualcomm Inc's days payable declined from Dec. 2014 (74.33) to Dec. 2015 (48.94). It may suggest that Qualcomm 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.

Qualcomm 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
=1300/10378*365
=45.72

Qualcomm 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
=1359/2534*365 / 4
=48.94

* 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.

Qualcomm Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 70.2686.4560.9472.98112.1272.5266.7757.7674.5645.72

Qualcomm Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.0046.3757.0263.280.0074.3358.4452.570.0048.94
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK