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Red Hat Inc (NYSE:RHT)
Days Payable
0.00 (As of Aug. 2016)

Red Hat Inc's payable for the six months ended in Aug. 2016 was $0 Mil. Red Hat Inc's cost of goods sold for the six months ended in Aug. 2016 was $88 Mil. Hence, Red Hat Inc's days payable for the six months ended in Aug. 2016 was 0.00.

During the past 13 years, Red Hat Inc's highest Days Payable was 119.53. The lowest was 0.00. And the median was 62.65.

Red Hat Inc's days payable stayed the same from Feb. 2016 (0.00) to Aug. 2016 (0.00).


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.

Red Hat Inc's Days Payable for the fiscal year that ended in Feb. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/309.629*365
=0.00

Red Hat Inc's Days Payable for the quarter that ended in Aug. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/87.671*365 / 2
=0.00

* 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.

Red Hat Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysPayable 68.0178.4832.9352.8539.5562.65119.5328.7695.410.00

Red Hat Inc Semi-Annual Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
DaysPayable 0.000.000.00371.240.000.000.000.000.000.00
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