GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Exelis Inc (FRA:6EX) » Definitions » Days Payable

Exelis (FRA:6EX) Days Payable : 34.93 (As of Mar. 2015)


View and export this data going back to . Start your Free Trial

What is Exelis Days Payable?

Exelis's average Accounts Payable for the three months ended in Mar. 2015 was €202 Mil. Exelis's Cost of Goods Sold for the three months ended in Mar. 2015 was €529 Mil. Hence, Exelis's Days Payable for the three months ended in Mar. 2015 was 34.93.

The historical rank and industry rank for Exelis's Days Payable or its related term are showing as below:

FRA:6EX's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 74.7
* Ranked among companies with meaningful Days Payable only.

Exelis's Days Payable declined from Mar. 2014 (47.12) to Mar. 2015 (34.93). It may suggest that Exelis accelerated paying its suppliers.


Exelis Days Payable Historical Data

The historical data trend for Exelis's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Exelis Days Payable Chart

Exelis Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial 26.01 30.49 37.25 52.93 35.16

Exelis Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.12 34.48 35.11 - 34.93

Competitive Comparison of Exelis's Days Payable

For the Aerospace & Defense subindustry, Exelis's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Exelis's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Exelis's Days Payable distribution charts can be found below:

* The bar in red indicates where Exelis's Days Payable falls into.



Exelis Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (187.61 + 193.018) / 2 ) / 1975.596*365
=190.314 / 1975.596*365
=35.16

Exelis's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

Days Payable (Q: Mar. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2014 ) + Accounts Payable (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (193.018 + 211.596) / 2 ) / 528.528*365 / 4
=202.307 / 528.528*365 / 4
=34.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Exelis Days Payable Related Terms

Thank you for viewing the detailed overview of Exelis's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Exelis (FRA:6EX) Business Description

Traded in Other Exchanges
N/A
Address
Exelis Inc was incorporated in the state of Indiana on May 4, 2011. The Company is a diversified aerospace, defense, information and services Company. The Company operates in two segments: Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) Electronics and Systems and Information and Technical Services to military, government and commercial customers in the United States and internationally. The C4ISR Electronics and Systems segment provides engineered systems and solutions, including: ISR systems; integrated electronic warfare systems; radar and sonar systems; electronic attack and release systems; communications solutions; space systems; and composite aerostructures, for government and commercial customers. The Information and Technical Services segment provides a broad range of service solutions, including: systems integration; network design and development; air traffic management; cyber; intelligence; operations; sustainment; advanced engineering; logistics; and space launch and range-support, for U.S. military and U.S. Government customers. The C4ISR Electronics and Systems' products are classified into Intelligence, Surveillance and Reconnaissance Systems, Integrated Electronic Warfare Systems, Electronic Attack and Release Systems, Radar, Reconnaissance and Undersea Systems, Communications Solutions, Night Vision, Positioning, Navigation and Timing, Aerostructures, and Specialty Applications. Information and Technical Services product lines are classified into Advanced Information Solutions, Civil and Aerospace Systems, Command, Control and Communications Systems, Infrastructure Asset Management, Logistics and Supply Chain Management, and Information Technology and Network Communication Services. The Company's customers include the United States Department of Defense, including U.S. Army, Navy, Marines and Air Force, U.S. Government intelligence agencies, National Aeronautics and Space Administration, Federal Aviation Administration. The Company competes against companies such as Lockheed Martin Corporation, The Boeing Company, Raytheon Company, General Dynamics Corporation, L-3 Communications Corporation, SAIC Inc., Northrop Grumman Corporation, Harris Corporation and BAE Systems, Inc. Internationally, it also competes against these same companies as well as Thales Group, EADS N.V., Finmeccanica S.p.A., among others The Company is subject to federal, state and local environmental laws and regulations.

Exelis (FRA:6EX) Headlines

No Headlines