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Symantec Corp (NAS:SYMC)
Days Payable
112.68 (As of Sep. 2015)

Symantec Corp's payable for the three months ended in Sep. 2015 was $326 Mil. Symantec Corp's cost of goods sold for the three months ended in Sep. 2015 was $264 Mil. Hence, Symantec Corp's days payable for the three months ended in Sep. 2015 was 112.68.

SYMC' s Days Payable Range Over the Past 10 Years
Min: 44.77   Max: 109.3
Current: 109.77

44.77
109.3

During the past 13 years, Symantec Corp's highest Days Payable was 109.30. The lowest was 44.77. And the median was 69.06.

SYMC's Days Payable is ranked higher than
77% of the 1290 Companies
in the Global Software - Application industry.

( Industry Median: 44.10 vs. SYMC: 109.77 )

Symantec Corp's days payable increased from Sep. 2014 (71.88) to Sep. 2015 (112.68). It may suggest that Symantec Corp 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.

Symantec Corp's Days Payable for the fiscal year that ended in Mar. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=213/1153*365
=67.43

Symantec Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=326/264*365 / 4
=112.68

* 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.

Symantec Corp Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
DaysPayable 62.1344.7750.7456.5270.6990.81109.30103.7589.5867.43

Symantec Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 83.3480.0098.6791.2567.9271.8869.3467.7266.10112.68
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