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Xerox Corp (NYSE:XRX)
Days Payable
41.69 (As of Jun. 2016)

Xerox Corp's payable for the three months ended in Jun. 2016 was $1,379 Mil. Xerox Corp's cost of goods sold for the three months ended in Jun. 2016 was $3,018 Mil. Hence, Xerox Corp's days payable for the three months ended in Jun. 2016 was 41.69.

XRX' s Days Payable Range Over the Past 10 Years
Min: 43.49   Max: 57.86
Current: 40.07

43.49
57.86

During the past 13 years, Xerox Corp's highest Days Payable was 57.86. The lowest was 43.49. And the median was 49.59.

XRX's Days Payable is ranked lower than
53% of the 1288 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.61 vs. XRX: 40.07 )

Xerox Corp's days payable declined from Jun. 2015 (45.22) to Jun. 2016 (41.69). It may suggest that Xerox 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1614/12782*365
=46.09

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1379/3018*365 / 4
=41.69

* 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 45.2950.0949.0857.8651.5450.4851.2143.8943.4946.09

Xerox Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 43.7843.4243.4842.3043.6545.2240.2846.0743.9441.69
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