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STMicroelectronics NV (NYSE:STM)
Days Payable
38.08 (As of Jun. 2014)

STMicroelectronics NV's payable for the three months ended in Jun. 2014 was $780 Mil. STMicroelectronics NV's revenue for the three months ended in Jun. 2014 was $1,864 Mil. Hence, STMicroelectronics NV's days payable for the three months ended in Jun. 2014 was 38.08.

STMicroelectronics NV's days payable declined from Jun. 2013 (50.91) to Jun. 2014 (38.08). 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. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=972/8493*365
=41.77

STMicroelectronics NV's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=780/1864*91
=38.08

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 56.3339.6638.6738.8734.3459.6663.7131.4641.7745.03

STMicroelectronics NV Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 39.4856.0947.3140.9142.5350.9143.8045.0340.8438.08
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