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Seagate Technology PLC (NAS:STX)
Days Payable
66.27 (As of Mar. 2016)

Seagate Technology PLC's payable for the three months ended in Mar. 2016 was $1,504 Mil. Seagate Technology PLC's cost of goods sold for the three months ended in Mar. 2016 was $2,071 Mil. Hence, Seagate Technology PLC's days payable for the three months ended in Mar. 2016 was 66.27.

STX' s Days Payable Range Over the Past 10 Years
Min: 51.76   Max: 87.36
Current: 63.07

51.76
87.36

During the past 13 years, Seagate Technology PLC's highest Days Payable was 87.36. The lowest was 51.76. And the median was 65.92.

STX's Days Payable is ranked higher than
60% of the 1883 Companies
in the Global Data Storage industry.

( Industry Median: 54.08 vs. STX: 63.07 )

Seagate Technology PLC's days payable increased from Mar. 2015 (64.66) to Mar. 2016 (66.27). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1540/9930*365
=56.61

Seagate Technology PLC's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1504/2071*365 / 4
=66.27

* 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

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 87.3651.7663.4568.3979.3285.3381.3659.2557.2456.61

Seagate Technology PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 56.6350.1659.4958.0759.3564.6665.3077.1371.5066.27
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