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Seagate Technology PLC (NAS:STX)
Days Payable
64.66 (As of Mar. 2015)

Seagate Technology PLC's payable for the three months ended in Mar. 2015 was $1,683 Mil. Seagate Technology PLC's cost of goods sold for the three months ended in Mar. 2015 was $2,375 Mil. Hence, Seagate Technology PLC's days payable for the three months ended in Mar. 2015 was 64.66.

Seagate Technology PLC's days payable increased from Mar. 2014 (50.16) to Mar. 2015 (64.66). It may suggest that Seagate Technology PLC delayed 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.

Seagate Technology PLC's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1549/9878*365
=57.24

Seagate Technology PLC's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1683/2375*365 / 4
=64.66

* 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.

Seagate Technology PLC Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
DaysPayable 68.7887.3651.7663.4568.3979.3285.3381.3659.2557.24

Seagate Technology PLC Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
DaysPayable 57.4660.1062.0661.0956.6350.1659.4958.0759.3564.66
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