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TE Connectivity Ltd (NYSE:TEL)
Days Payable
44.64 (As of Sep. 2016)

TE Connectivity Ltd's payable for the three months ended in Sep. 2016 was $1,090 Mil. TE Connectivity Ltd's cost of goods sold for the three months ended in Sep. 2016 was $2,228 Mil. Hence, TE Connectivity Ltd's days payable for the three months ended in Sep. 2016 was 44.64.

TEL' s Days Payable Range Over the Past 10 Years
Min: 48.49   Max: 65.23
Current: 48.49

48.49
65.23

During the past 13 years, TE Connectivity Ltd's highest Days Payable was 65.23. The lowest was 48.49. And the median was 51.25.

TEL's Days Payable is ranked lower than
60% of the 1773 Companies
in the Global Electronic Components industry.

( Industry Median: 57.63 vs. TEL: 48.49 )

TE Connectivity Ltd's days payable declined from Sep. 2015 (51.74) to Sep. 2016 (44.64). It may suggest that TE Connectivity Ltd 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.

TE Connectivity Ltd's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1090/8205*365
=48.49

TE Connectivity Ltd's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1090/2228*365 / 4
=44.64

* 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.

TE Connectivity Ltd Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 50.3851.2850.4961.0055.8251.0665.2356.1151.2148.49

TE Connectivity Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 63.5754.5462.1555.4053.1651.7453.5551.1750.3044.64
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