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Xerox Corp (NYSE:XRX)
Days Payable
43.94 (As of Mar. 2016)

Xerox Corp's payable for the three months ended in Mar. 2016 was $1,445 Mil. Xerox Corp's cost of goods sold for the three months ended in Mar. 2016 was $3,001 Mil. Hence, Xerox Corp's days payable for the three months ended in Mar. 2016 was 43.94.

XRX' s Days Payable Range Over the Past 10 Years
Min: 40.14   Max: 59.62
Current: 41.5

40.14
59.62

During the past 13 years, Xerox Corp's highest Days Payable was 59.62. The lowest was 40.14. And the median was 47.61.

XRX's Days Payable is ranked lower than
52% of the 1337 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.53 vs. XRX: 41.50 )

Xerox Corp's days payable increased from Mar. 2015 (43.65) to Mar. 2016 (43.94). It may suggest that Xerox 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1584/13294*365
=43.49

Xerox Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1445/3001*365 / 4
=43.94

* 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.

Xerox Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 45.2950.0950.5259.6250.6549.1746.0540.1443.4946.09

Xerox Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 38.4440.0339.7739.9056.9543.6545.2240.2846.0743.94
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