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GuruFocus has detected 4 Warning Signs with Qualcomm Inc $QCOM.
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Qualcomm Inc (NAS:QCOM)
Days Payable
53.27 (As of Mar. 2017)

Qualcomm Inc's payable for the three months ended in Mar. 2017 was $1,289 Mil. Qualcomm Inc's cost of goods sold for the three months ended in Mar. 2017 was $2,208 Mil. Hence, Qualcomm Inc's days payable for the three months ended in Mar. 2017 was 53.27.

QCOM' s Days Payable Range Over the Past 10 Years
Min: 45.72   Max: 112.12
Current: 48.38

45.72
112.12

During the past 13 years, Qualcomm Inc's highest Days Payable was 112.12. The lowest was 45.72. And the median was 71.04.

QCOM's Days Payable is ranked higher than
61% of the 743 Companies
in the Global Semiconductors industry.

( Industry Median: 51.49 vs. QCOM: 48.38 )

Qualcomm Inc's days payable declined from Mar. 2016 (61.88) to Mar. 2017 (53.27). It may suggest that Qualcomm 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.

Qualcomm Inc's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1858/9749*365
=69.56

Qualcomm 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
=1289/2208*365 / 4
=53.27

* 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.

Qualcomm Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 86.4560.9472.98112.1272.5266.7757.7674.5645.7269.56

Qualcomm Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 74.3358.4452.5752.6848.9461.8856.6166.7861.5653.27
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