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SanDisk Corp (NAS:SNDK)
Days Payable
32.49 (As of Mar. 2016)

SanDisk Corp's payable for the three months ended in Mar. 2016 was $293 Mil. SanDisk Corp's cost of goods sold for the three months ended in Mar. 2016 was $822 Mil. Hence, SanDisk Corp's days payable for the three months ended in Mar. 2016 was 32.49.

SNDK' s Days Payable Range Over the Past 10 Years
Min: 31.23   Max: 72.62
Current: 31.97

31.23
72.62

During the past 13 years, SanDisk Corp's highest Days Payable was 72.62. The lowest was 31.23. And the median was 54.95.

SNDK's Days Payable is ranked lower than
75% of the 1877 Companies
in the Global Data Storage industry.

( Industry Median: 54.31 vs. SNDK: 31.97 )

SanDisk Corp's days payable declined from Mar. 2015 (46.09) to Mar. 2016 (32.49). It may suggest that SanDisk Corp 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.

SanDisk Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=323.28/3307.803*365
=35.67

SanDisk Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=292.797/822.411*365 / 4
=32.49

* 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.

SanDisk Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 72.6260.1867.8250.6259.0660.5750.8431.2341.4535.67

SanDisk Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 29.6131.0934.4340.4937.0546.0949.9945.8332.1232.49
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