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GuruFocus has detected 7 Warning Signs with Seagate Technology PLC $STX.
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Seagate Technology PLC (NAS:STX)
Days Payable
74.30 (As of Dec. 2016)

Seagate Technology PLC's payable for the three months ended in Dec. 2016 was $1,631 Mil. Seagate Technology PLC's cost of goods sold for the three months ended in Dec. 2016 was $2,003 Mil. Hence, Seagate Technology PLC's days payable for the three months ended in Dec. 2016 was 74.30.

STX' s Days Payable Range Over the Past 10 Years
Min: 51.76   Max: 85.33
Current: 73.84

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
63% of the 1767 Companies
in the Global Data Storage industry.

( Industry Median: 58.22 vs. STX: 73.84 )

Seagate Technology PLC's days payable increased from Dec. 2015 (71.50) to Dec. 2016 (74.30). 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 Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1631/2003*365 / 4
=74.30

* 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.

Seagate Technology PLC Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 51.7663.4568.3979.3285.3381.3659.2557.2456.6164.80

Seagate Technology PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 58.0759.3564.6665.3077.1371.5066.2769.4971.6874.30
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