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Verizon Communications Inc  (NYSE:VZ) Days Payable: 43.16 (As of Dec. 2018)

Verizon Communications Inc's payable for the three months ended in Dec. 2018 was $7,232 Mil. Verizon Communications Inc's Cost of Goods Sold for the three months ended in Dec. 2018 was $15,291 Mil. Hence, Verizon Communications Inc's days payable for the three months ended in Dec. 2018 was 43.16.

NYSE:VZ' s Days Payable Range Over the Past 10 Years
Min: 32.54   Max: 50.28
Current: 47.55

32.54
50.28

During the past 13 years, Verizon Communications Inc's highest Days Payable was 50.28. The lowest was 32.54. And the median was 40.60.

NYSE:VZ's Days Payable is ranked higher than
61% of the 378 Companies
in the Global industry.

( Industry Median: 96.88 vs. NYSE:VZ: 47.55 )

Verizon Communications Inc's days payable increased from Dec. 2017 (42.47) to Dec. 2018 (43.16). It may suggest that Verizon Communications Inc 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.

Verizon Communications Inc Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.92 44.38 50.28 50.00 47.55

Verizon Communications Inc Quarterly Data

Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 42.47 117.39 124.25 132.39 43.16

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.


Verizon Communications Inc Distribution

* The bar in red indicates where Verizon Communications Inc's Days Payable falls into.



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.

Verizon Communications Inc's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7232/55508*365
=47.55

Verizon Communications Inc's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7232/15291*365 / 4
=43.16

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


Related Terms


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