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Medtronic PLC  (NYSE:MDT) Days Payable: 68.33 (As of Jul. 2017)

Medtronic PLC's payable for the three months ended in Jul. 2017 was $1,759 Mil. Medtronic PLC's Cost of Goods Sold for the three months ended in Jul. 2017 was $2,349 Mil. Hence, Medtronic PLC's days payable for the three months ended in Jul. 2017 was 68.33.

NYSE:MDT' s Days Payable Range Over the Past 10 Years
Min: 39.63   Max: 93.14
Current: 68.45

39.63
93.14

During the past 13 years, Medtronic PLC's highest Days Payable was 93.14. The lowest was 39.63. And the median was 54.03.

NYSE:MDT's Days Payable is ranked higher than
55% of the 265 Companies
in the Global industry.

( Industry Median: 59.71 vs. NYSE:MDT: 68.45 )

Medtronic PLC's days payable increased from Jul. 2016 (65.18) to Jul. 2017 (68.33). It may suggest that Medtronic PLC delayed paying its suppliers.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Medtronic PLC Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.02 62.50 93.14 68.23 68.00

Medtronic PLC Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 65.18 65.08 62.64 64.84 68.33

Competitive Comparison
* 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.


Calculation

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.

Medtronic PLC's Days Payable for the fiscal year that ended in Apr. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1731/9291*365
=68.00

Medtronic PLC's Days Payable for the quarter that ended in Jul. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1759/2349*365 / 4
=68.33

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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