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STMicroelectronics NV (NYSE:STM)
Days Payable
44.22 (As of Jun. 2016)

STMicroelectronics NV's payable for the three months ended in Jun. 2016 was $597 Mil. STMicroelectronics NV's cost of goods sold for the three months ended in Jun. 2016 was $1,232 Mil. Hence, STMicroelectronics NV's days payable for the three months ended in Jun. 2016 was 44.22.

STM' s Days Payable Range Over the Past 10 Years
Min: 38.86   Max: 71.09
Current: 47.23

38.86
71.09

During the past 13 years, STMicroelectronics NV's highest Days Payable was 71.09. The lowest was 38.86. And the median was 50.08.

STM's Days Payable is ranked lower than
52% of the 756 Companies
in the Global Semiconductors industry.

( Industry Median: 49.14 vs. STM: 47.23 )

STMicroelectronics NV's days payable declined from Jun. 2015 (61.49) to Jun. 2016 (44.22). It may suggest that STMicroelectronics NV 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.

STMicroelectronics NV'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
=525/4565*365
=41.98

STMicroelectronics NV's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=597/1232*365 / 4
=44.22

* 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.

STMicroelectronics NV Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 60.1960.1349.2154.7771.0938.8650.9546.3344.4241.98

STMicroelectronics NV Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 56.8654.8246.5145.0256.5661.4955.5743.1656.5344.22
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