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GuruFocus has detected 3 Warning Signs with Broadcom Ltd $AVGO.
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Broadcom Ltd (NAS:AVGO)
Days Payable
38.12 (As of Apr. 2017)

Broadcom Ltd's payable for the three months ended in Apr. 2017 was $925 Mil. Broadcom Ltd's cost of goods sold for the three months ended in Apr. 2017 was $2,214 Mil. Hence, Broadcom Ltd's days payable for the three months ended in Apr. 2017 was 38.12.

AVGO' s Days Payable Range Over the Past 10 Years
Min: 40.55   Max: 78.58
Current: 40.55

40.55
78.58

During the past 10 years, Broadcom Ltd's highest Days Payable was 78.58. The lowest was 40.55. And the median was 65.99.

AVGO's Days Payable is ranked lower than
65% of the 760 Companies
in the Global Semiconductors industry.

( Industry Median: 52.14 vs. AVGO: 40.55 )

Broadcom Ltd's days payable increased from Apr. 2016 (36.02) to Apr. 2017 (38.12). It may suggest that Broadcom Ltd 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.

Broadcom Ltd's Days Payable for the fiscal year that ended in Oct. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1261/7300*365
=63.05

Broadcom Ltd's Days Payable for the quarter that ended in Apr. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=925/2214*365 / 4
=38.12

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


Related Terms

Revenue


Historical Data

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

Broadcom Ltd Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysPayable 60.7860.8360.8364.1367.8474.0876.7578.5868.8563.05

Broadcom Ltd Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysPayable 50.9859.5353.7266.7957.5036.0251.1658.5644.6938.12
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