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GuruFocus has detected 5 Warning Signs with HP Inc $HPQ.
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HP Inc (NYSE:HPQ)
Days Payable
101.08 (As of Apr. 2017)

HP Inc's payable for the three months ended in Apr. 2017 was $11,079 Mil. HP Inc's cost of goods sold for the three months ended in Apr. 2017 was $10,002 Mil. Hence, HP Inc's days payable for the three months ended in Apr. 2017 was 101.08.

HPQ' s Days Payable Range Over the Past 10 Years
Min: 52.74   Max: 127.77
Current: 100.15

52.74
127.77

During the past 13 years, HP Inc's highest Days Payable was 127.77. The lowest was 52.74. And the median was 59.97.

HPQ's Days Payable is ranked higher than
79% of the 1756 Companies
in the Global Computer Systems industry.

( Industry Median: 60.05 vs. HPQ: 100.15 )

HP Inc's days payable increased from Apr. 2016 (88.91) to Apr. 2017 (101.08). It may suggest that HP Inc 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.

HP Inc'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
=11103/39240*365
=103.28

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11079/10002*365 / 4
=101.08

* 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.

HP Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysPayable 54.9160.7061.7654.7055.2652.7459.24127.7789.61103.28

HP Inc Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysPayable 121.47130.75141.3893.9682.8288.9197.6599.1295.75101.08
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