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Seagate Technology PLC (NAS:STX)
Days Payable
42.70 (As of Jun. 2014)

Seagate Technology PLC's payable for the three months ended in Jun. 2014 was $1,549 Mil. Seagate Technology PLC's revenue for the three months ended in Jun. 2014 was $3,301 Mil. Hence, Seagate Technology PLC's days payable for the three months ended in Jun. 2014 was 42.70.

Seagate Technology PLC's days payable declined from Jun. 2013 (44.92) to Jun. 2014 (42.70). It may suggest that Seagate Technology PLC 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.

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

Days Payable=Payable/Revenue*Days in Period
=1549/13724*365
=41.20

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

Days Payable=Payable/Revenue*Days in Period
=1549/3301*91
=42.70

* 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 53.5467.0841.8047.4558.5657.0269.1055.8542.9841.20

Seagate Technology PLC Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 46.4144.0941.8043.8244.9243.9040.6835.9442.7041.83
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