Switch to:
Seagate Technology PLC (NAS:STX)
Days Payable
69.49 (As of Jun. 2016)

Seagate Technology PLC's payable for the three months ended in Jun. 2016 was $1,517 Mil. Seagate Technology PLC's cost of goods sold for the three months ended in Jun. 2016 was $1,992 Mil. Hence, Seagate Technology PLC's days payable for the three months ended in Jun. 2016 was 69.49.

STX' s Days Payable Range Over the Past 10 Years
Min: 51.76   Max: 85.33
Current: 64.81

51.76
85.33

During the past 13 years, Seagate Technology PLC's highest Days Payable was 85.33. The lowest was 51.76. And the median was 64.13.

STX's Days Payable is ranked higher than
61% of the 1796 Companies
in the Global Data Storage industry.

( Industry Median: 54.39 vs. STX: 64.81 )

Seagate Technology PLC's days payable increased from Jun. 2015 (65.30) to Jun. 2016 (69.49). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1517/8545*365
=64.80

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1517/1992*365 / 4
=69.49

* 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

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 51.7663.4568.3979.3285.3381.3659.2557.2456.6164.80

Seagate Technology PLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 50.1659.4958.0759.3564.6665.3077.1371.5066.2769.49
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK