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Red Hat Inc  (NYSE:RHT) Days Payable: 0.00 (As of May. 2017)

Red Hat Inc's payable for the three months ended in May. 2017 was $0 Mil. Red Hat Inc's Cost of Goods Sold for the three months ended in May. 2017 was $101 Mil. Hence, Red Hat Inc's days payable for the three months ended in May. 2017 was 0.00.

During the past 13 years, Red Hat Inc's highest Days Payable was 119.53. The lowest was 0.00. And the median was 68.62.

Red Hat Inc's days payable stayed the same from May. 2016 (0.00) to May. 2017 (0.00). stayed the same


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.

Red Hat Inc Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.53 28.76 95.41 74.58 78.48

Red Hat Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
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 0.00 0.00 75.41 0.00 0.00

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.

Red Hat Inc's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=76.197/354.378*365
=78.48

Red Hat Inc's Days Payable for the quarter that ended in May. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/100.696*365 / 4
=0.00

* 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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