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TE Connectivity Ltd (NYSE:TEL)
Days Payable
51.17 (As of Mar. 2016)

TE Connectivity Ltd's payable for the three months ended in Mar. 2016 was $1,116 Mil. TE Connectivity Ltd's cost of goods sold for the three months ended in Mar. 2016 was $1,990 Mil. Hence, TE Connectivity Ltd's days payable for the three months ended in Mar. 2016 was 51.17.

TEL' s Days Payable Range Over the Past 10 Years
Min: 47.27   Max: 61
Current: 51.15

47.27
61

During the past 13 years, TE Connectivity Ltd's highest Days Payable was 61.00. The lowest was 47.27. And the median was 50.78.

TEL's Days Payable is ranked lower than
55% of the 1885 Companies
in the Global Electronic Components industry.

( Industry Median: 55.44 vs. TEL: 51.15 )

TE Connectivity Ltd's days payable declined from Mar. 2015 (55.40) to Mar. 2016 (51.17). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1143/8146*365
=51.21

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1116/1990*365 / 4
=51.17

* 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.

TE Connectivity Ltd Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 48.3350.3847.2750.4961.0053.6651.0656.4048.6951.21

TE Connectivity Ltd Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 56.2265.8563.5754.5462.1555.4053.1651.7453.5551.17
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