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STMicroelectronics NV (NYSE:STM)
Days Payable
53.30 (As of Sep. 2016)

STMicroelectronics NV's payable for the three months ended in Sep. 2016 was $674 Mil. STMicroelectronics NV's cost of goods sold for the three months ended in Sep. 2016 was $1,154 Mil. Hence, STMicroelectronics NV's days payable for the three months ended in Sep. 2016 was 53.30.

STM' s Days Payable Range Over the Past 10 Years
Min: 38.86   Max: 71.09
Current: 53.35

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 higher than
52% of the 756 Companies
in the Global Semiconductors industry.

( Industry Median: 50.75 vs. STM: 53.35 )

STMicroelectronics NV's days payable declined from Sep. 2015 (55.57) to Sep. 2016 (53.30). 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 Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=674/1154*365 / 4
=53.30

* 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.

STMicroelectronics NV Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 60.1960.1349.2154.7771.0938.8650.9546.2644.4241.98

STMicroelectronics NV Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 54.8246.5145.0256.5661.4955.5743.1656.5344.2253.30
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