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GuruFocus has detected 2 Warning Signs with NII Holdings Inc $NIHD.
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NII Holdings Inc (NAS:NIHD)
Days Payable
48.99 (As of Mar. 2017)

NII Holdings Inc's payable for the three months ended in Mar. 2017 was $60 Mil. NII Holdings Inc's cost of goods sold for the three months ended in Mar. 2017 was $111 Mil. Hence, NII Holdings Inc's days payable for the three months ended in Mar. 2017 was 48.99.

NIHD' s Days Payable Range Over the Past 10 Years
Min: 29.36   Max: 122.56
Current: 54.01

29.36
122.56

During the past 13 years, NII Holdings Inc's highest Days Payable was 122.56. The lowest was 29.36. And the median was 49.24.

NIHD's Days Payable is ranked lower than
58% of the 308 Companies
in the Global Telecom Services industry.

( Industry Median: 65.44 vs. NIHD: 54.01 )

NII Holdings Inc's days payable declined from Mar. 2016 (50.48) to Mar. 2017 (48.99). It may suggest that NII Holdings 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.

NII Holdings 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
=69.186/393.921*365
=64.11

NII Holdings 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
=59.791/111.374*365 / 4
=48.99

* 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.

NII Holdings Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 35.2529.3636.8249.2455.9167.26122.5643.690.0064.11

NII Holdings Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 45.88100.3653.3842.060.0050.4849.1743.7863.3548.99
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