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Apple Inc  (NAS:AAPL) Days Payable: 131.38 (As of Sep. 2018)

Apple Inc's payable for the three months ended in Sep. 2018 was $55,888 Mil. Apple Inc's Cost of Goods Sold for the three months ended in Sep. 2018 was $38,816 Mil. Hence, Apple Inc's days payable for the three months ended in Sep. 2018 was 131.38.

NAS:AAPL' s Days Payable Range Over the Past 10 Years
Min: 76.58   Max: 126.93
Current: 124.57

76.58
126.93

During the past 13 years, Apple Inc's highest Days Payable was 126.93. The lowest was 76.58. And the median was 95.33.

NAS:AAPL's Days Payable is ranked higher than
72% of the 2147 Companies
in the Global industry.

( Industry Median: 63.93 vs. NAS:AAPL: 124.57 )

Apple Inc's days payable declined from Sep. 2017 (137.09) to Sep. 2018 (131.38). It may suggest that Apple Inc accelerated paying its suppliers.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apple Inc Annual Data

Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.18 92.47 103.61 126.93 124.57

Apple Inc Quarterly Data

Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 137.09 105.69 83.01 106.93 131.38

Competitive Comparison
* 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.


Apple Inc Distribution

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



Calculation

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.

Apple Inc's Days Payable for the fiscal year that ended in Sep. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=55888/163756*365
=124.57

Apple Inc's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=55888/38816*365 / 4
=131.38

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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