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GuruFocus has detected 3 Warning Signs with Fabrinet $FN.
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Fabrinet (NYSE:FN)
Days Payable
59.39 (As of Mar. 2017)

Fabrinet's payable for the three months ended in Mar. 2017 was USD 210 Mil. Fabrinet's cost of goods sold for the three months ended in Mar. 2017 was USD 323 Mil. Hence, Fabrinet's days payable for the three months ended in Mar. 2017 was 59.39.

FN' s Days Payable Range Over the Past 10 Years
Min: 41.01   Max: 85.16
Current: 65.78

41.01
85.16

During the past 11 years, Fabrinet's highest Days Payable was 85.16. The lowest was 41.01. And the median was 56.01.

FN's Days Payable is ranked higher than
58% of the 1794 Companies
in the Global Consumer Electronics industry.

( Industry Median: 57.71 vs. FN: 65.78 )

Fabrinet's days payable declined from Mar. 2016 (60.82) to Mar. 2017 (59.39). It may suggest that Fabrinet 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.

Fabrinet's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=172.052/857.224*365
=73.26

Fabrinet's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=210.105/322.791*365 / 4
=59.39

* 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.

Fabrinet Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 41.0154.6651.0585.1652.0762.4349.2157.3661.3773.26

Fabrinet Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 53.8156.0457.8556.5351.2660.8264.7356.0955.4759.39
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