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Symantec Corp (NAS:SYMC)
Days Payable
71.88 (As of Sep. 2014)

Symantec Corp's payable for the three months ended in Sep. 2014 was $219 Mil. Symantec Corp's cost of goods sold for the three months ended in Sep. 2014 was $278 Mil. Hence, Symantec Corp's days payable for the three months ended in Sep. 2014 was 71.88.

Symantec Corp's days payable declined from Sep. 2013 (80.00) to Sep. 2014 (71.88). It may suggest that Symantec Corp 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.

Symantec Corp's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=282/1149*365
=89.58

Symantec Corp's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=219/278*365 / 4
=71.88

* 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

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysPayable 60.3062.1344.7750.7456.5270.6990.81109.30103.7589.58

Symantec Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 104.7489.3296.7498.9583.3480.0098.6791.2567.9271.88
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