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

InterDigital Inc's payable for the three months ended in Mar. 2017 was $17.7 Mil. InterDigital Inc's cost of goods sold for the three months ended in Mar. 2017 was $29.4 Mil. Hence, InterDigital Inc's days payable for the three months ended in Mar. 2017 was 54.90.

IDCC' s Days Payable Range Over the Past 10 Years
Min: 27.75   Max: 220.61
Current: 55.78

27.75
220.61

During the past 13 years, InterDigital Inc's highest Days Payable was 220.61. The lowest was 27.75. And the median was 49.70.

IDCC's Days Payable is ranked lower than
65% of the 292 Companies
in the Global Telecom Services industry.

( Industry Median: 65.46 vs. IDCC: 55.78 )

InterDigital Inc's days payable declined from Mar. 2016 (61.44) to Mar. 2017 (54.90). It may suggest that InterDigital 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.

InterDigital 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
=14.05/113.544*365
=45.17

InterDigital 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
=17.694/29.407*365 / 4
=54.90

* 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.

InterDigital Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 220.6152.4740.8746.9236.1827.7562.5394.5357.6145.17

InterDigital Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 90.5626.8935.6747.3459.3861.4461.3443.5840.1454.90
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)
FEEDBACK