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NetApp Days Payable

: 71.99 (As of Oct. 2021)
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NetApp's average Accounts Payable for the three months ended in Oct. 2021 was $400 Mil. NetApp's Cost of Goods Sold for the three months ended in Oct. 2021 was $507 Mil. Hence, NetApp's Days Payable for the three months ended in Oct. 2021 was 71.99.

The historical rank and industry rank for NetApp's Days Payable or its related term are showing as below:

NAS:NTAP' s Days Payable Range Over the Past 10 Years
Min: 33.74   Med: 48.38   Max: 98.75
Current: 70.86

33.74
98.75

During the past 13 years, NetApp's highest Days Payable was 98.75. The lowest was 33.74. And the median was 48.38.

NAS:NTAP's Days Payable is ranked higher than
53% of the 2285 Companies
in the Hardware industry.

( Industry Median: 68.04 vs. NAS:NTAP: 70.86 )

NetApp's Days Payable declined from Oct. 2020 (72.07) to Oct. 2021 (71.99). It may suggest that NetApp accelerated paying its suppliers.


NetApp Days Payable Historical Data

The historical data trend for NetApp's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NetApp Annual Data
Trend Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.57 78.95 95.44 98.75 80.04

NetApp Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 72.07 64.80 66.33 78.33 71.99

Competitive Comparison

For the Computer Hardware subindustry, NetApp's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

   

NetApp Days Payable Distribution

For the Hardware industry and Technology sector, NetApp's Days Payable distribution charts can be found below:

* The bar in red indicates where NetApp's Days Payable falls into.



NetApp Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

NetApp's Days Payable for the fiscal year that ended in Apr. 2021 is calculated as

Days Payable (A: Apr. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2020 ) + Accounts Payable (A: Apr. 2021 )) / count ) / Cost of Goods Sold (A: Apr. 2021 )*Days in Period
=( (426 + 420) / 2 ) / 1929*365
=423 / 1929*365
=80.04

NetApp's Days Payable for the quarter that ended in Oct. 2021 is calculated as:

Days Payable (Q: Oct. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2021 ) + Accounts Payable (Q: Oct. 2021 )) / count ) / Cost of Goods Sold (Q: Oct. 2021 )*Days in Period
=( (368 + 432) / 2 ) / 507*365 / 4
=400 / 507*365 / 4
=71.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NetApp Days Payable Related Terms

Thank you for viewing the detailed overview of NetApp's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


NetApp Business Description

NetApp logo
Industry
Technology » Hardware NAICS : 334112 SIC : 3572
Traded in Other Exchanges
Address
1395 Crossman Avenue, Sunnyvale, CA, USA, 94089
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Executives
Allen Scott R. officer: SVP, Chief Accounting Officer 11690 N.W. 105TH STREET MIAMI FL 33178
Anderson Brad officer: EVP, SSSBU and CIBU ONE DELL WAY ROUND ROCK TX 78682
Hill Kathryn director 7 WORLD TRADE CENTER 250 GREENWICH STREET NEW YORK NY 10007
Ahuja Deepak director C/O TESLA MOTORS, INC. 3500 DEER CREEK ROAD PALO ALTO CA 94304
Schenkel Scott F. director C/O EBAY INC. 2025 HAMILTON AVE. SAN JOSE CA 95125
Kerr Deborah director 901 MARQUETTE AVENUE SUITE 3200 MINNEAPOLIS MN 55402
Nevens Thomas Michael director C/O BORLAND SOFTWARE CORPORATION 20450 STEVENS CREEK BLVD, SUITE 800 CUPERTINO CA 95014
Shaheen George T director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SHAHEEN GEORGE T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Held Gerald director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HELD GERALD a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Cernuda Cesar officer: President 1395 CROSSMAN AVENUE SUNNYVALE CA 94089
Berry Michael J officer: EVP Finance & Operations, CFO C/O INFORMATICA CORPORATION 2100 SEAPORT BOULEVARD REDWOOD CITY CA 94063
Fawcett Matthew K officer: SVP, GC & Secretary 495 EAST JAVA DRIVE SUNNYVALE CA 94089
Kurian George director, officer: CEO C/O NETAPP 495 E. JAVA DRIVE SUNNYVALE CA 94089
Pasek Ronald J officer: EVP Finance & Operations, CFO 101 INNOVATION DRIVE SAN JOSE CA 95134
Richard Henri P officer: EVP, Go To Market FREESCALE SEMICONDUCTOR, INC. 2680 ZANKER RD, SUITE 200 SAN JOSE CA 95134

NetApp Headlines

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