Switch to:
GuruFocus has detected 3 Warning Signs with FormFactor Inc $FORM.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
FormFactor Inc (NAS:FORM)
Days Payable
48.64 (As of Mar. 2017)

FormFactor Inc's payable for the three months ended in Mar. 2017 was $43.3 Mil. FormFactor Inc's cost of goods sold for the three months ended in Mar. 2017 was $81.3 Mil. Hence, FormFactor Inc's days payable for the three months ended in Mar. 2017 was 48.64.

FORM' s Days Payable Range Over the Past 10 Years
Min: 23.94   Max: 79.37
Current: 49.62

23.94
79.37

During the past 13 years, FormFactor Inc's highest Days Payable was 79.37. The lowest was 23.94. And the median was 41.48.

FORM's Days Payable is ranked lower than
54% of the 751 Companies
in the Global Semiconductors industry.

( Industry Median: 52.14 vs. FORM: 49.62 )

FormFactor Inc's days payable declined from Mar. 2016 (59.58) to Mar. 2017 (48.64). It may suggest that FormFactor Inc 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.

FormFactor Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=34.075/281.199*365
=44.23

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=43.316/81.258*365 / 4
=48.64

* 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.

FormFactor Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 72.6569.7079.3728.5923.9450.0731.4638.7333.5544.23

FormFactor Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 36.7530.6638.6940.7332.6059.5885.5639.4837.1948.64
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK