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Apple Days Payable

: 92.42 (As of Jun. 2022)
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Apple's average Accounts Payable for the three months ended in Jun. 2022 was ARS5,736,844 Mil. Apple's Cost of Goods Sold for the three months ended in Jun. 2022 was ARS5,664,414 Mil. Hence, Apple's Days Payable for the three months ended in Jun. 2022 was 92.42.

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

BUE:AAPL' s Days Payable Range Over the Past 10 Years
Min: 74.39   Med: 90.43   Max: 115.2
Current: 89.91

During the past 13 years, Apple's highest Days Payable was 115.20. The lowest was 74.39. And the median was 90.43.

BUE:AAPL's Days Payable is ranked better than
65.39% of 2332 companies
in the Hardware industry
Industry Median: 69.50 vs BUE:AAPL: 89.91

Apple's Days Payable increased from Jun. 2021 (77.62) to Jun. 2022 (92.42). It may suggest that Apple delayed paying its suppliers.


Apple Days Payable Historical Data

The historical data trend for Apple'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.

Apple Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.32 85.76 93.64 83.01 74.44

Apple Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 77.62 88.92 83.38 102.24 92.42

Competitive Comparison

For the Consumer Electronics subindustry, Apple'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.

   

Apple Days Payable Distribution

For the Hardware industry and Technology sector, Apple's Days Payable distribution charts can be found below:

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



Apple 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.

Apple's Days Payable for the fiscal year that ended in Sep. 2021 is calculated as

Days Payable (A: Sep. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2020 ) + Accounts Payable (A: Sep. 2021 )) / count ) / Cost of Goods Sold (A: Sep. 2021 )*Days in Period
=( (3140054.9668493 + 5354726.0847821) / 2 ) / 20825281.96525*365
=4247390.5258157 / 20825281.96525*365
=74.44

Apple's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (5656574.5847147 + 5817113.2702645) / 2 ) / 5664414.4981576*365 / 4
=5736843.9274896 / 5664414.4981576*365 / 4
=92.42

* 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.


Apple Days Payable Related Terms

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


Apple Business Description

Apple logo
Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally.

Apple Headlines

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