Oracle Corp. (ORCL)


Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Beginner level


Short-term Activity Ratios (Summary)

Oracle Corp., short-term (operating) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013 Aug 31, 2013
Turnover Ratios
Receivables turnover 10.35 7.69 9.92 10.01 10.68 7.55 10.12 10.24 10.67 7.12 10.06 10.09 10.92 6.88 9.67 9.47 10.96 6.80 9.30 8.97 10.84 6.29
Payables turnover 16.46 13.78 13.45 13.86 15.37 15.28 13.11 14.07 12.86 12.47 15.39 11.95 13.44 14.84 18.52 18.45 18.25 9.34 11.84 14.87 17.01 15.36
Working capital turnover 1.68 1.42 1.34 1.09 0.84 0.70 0.66 0.62 0.72 0.75 0.75 0.77 0.63 0.79 0.82 0.84 0.81 0.80 1.04 0.97 0.86 1.13
Average No. Days
Average receivable collection period 35 47 37 36 34 48 36 36 34 51 36 36 33 53 38 39 33 54 39 41 34 58
Average payables payment period 22 26 27 26 24 24 28 26 28 29 24 31 27 25 20 20 20 39 31 25 21 24

Based on: 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23), 10-K (filing date: 2014-06-26), 10-Q (filing date: 2014-03-20), 10-Q (filing date: 2013-12-20), 10-Q (filing date: 2013-09-20).

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Oracle Corp.’s receivables turnover ratio deteriorated from Q3 2019 to Q4 2019 but then improved from Q4 2019 to Q1 2020 exceeding Q3 2019 level.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Oracle Corp.’s payables turnover ratio increased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Oracle Corp.’s working capital turnover ratio improved from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover. Oracle Corp.’s number of days of receivables outstanding deteriorated from Q3 2019 to Q4 2019 but then improved from Q4 2019 to Q1 2020 exceeding Q3 2019 level.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Oracle Corp.’s number of days of payables outstanding decreased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Receivables Turnover

Oracle Corp., receivables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013 Aug 31, 2013
Selected Financial Data (US$ in millions)
Revenues 9,218  11,137  9,614  9,562  9,193  11,252  9,771  9,621  9,187  10,893  9,205  9,035  8,595  10,594  9,012  8,993  8,448  10,705  9,327  9,598  8,596  11,321  9,307  9,275  8,372 
Trade receivables, net of allowances for doubtful accounts 3,820  5,134  3,993  3,975  3,729  5,279  3,902  3,798  3,591  5,300  3,721  3,690  3,407  5,385  3,844  3,956  3,475  5,618  4,178  4,326  3,551  6,087  4,071  4,192  3,450 
Short-term Activity Ratio
Receivables turnover1 10.35 7.69 9.92 10.01 10.68 7.55 10.12 10.24 10.67 7.12 10.06 10.09 10.92 6.88 9.67 9.47 10.96 6.80 9.30 8.97 10.84 6.29
Benchmarks
Receivables Turnover, Competitors2
Adobe Inc. 7.76 7.94 7.12 6.86 8.21 7.56 7.24 5.99 6.86 7.24 7.23 7.03 7.59 7.96 8.46 7.14 7.69 8.65 7.99 7.01 7.79 7.72 7.93
Alphabet Inc. 7.42 7.07 7.42 6.57 7.26 7.27 6.99 6.05 6.84 7.09 7.34 6.39 7.14 7.00 7.21 6.49 7.36 7.41 7.90 7.03
Facebook Inc. 8.67 8.33 9.10 7.36 8.57 8.68 8.72 6.97 8.25 8.51 8.87 6.92 8.04 7.91 8.42 7.01 7.93 8.07 8.96 7.43
International Business Machines Corp. 11.42 10.50 11.26 10.71 11.37 10.85 10.29 8.86 9.62 9.34 9.48 8.70 9.67 9.14 9.48 9.81 10.49 10.07 10.24 10.21
Intuit Inc. 66.66 77.98 25.87 11.61 79.14 60.86 18.83 10.21 45.56 50.26 20.77 9.31 39.33 43.46 21.66 8.72 34.62 46.07 20.05 9.72 32.11 33.63
Microsoft Corp. 6.80 4.26 6.34 6.02 6.61 4.17 6.02 5.36 6.46 4.54 6.77 5.97 7.67 4.67 7.09 6.07 7.93 5.23 7.63 5.77 7.10 4.44
salesforce.com inc. 6.51 2.70 6.15 5.97 6.30 2.68 6.53 5.98 6.16 2.63 6.17 5.65 5.93 2.67 5.94 5.59 6.11 2.82 6.39 5.71 6.44 2.99

Based on: 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23), 10-K (filing date: 2014-06-26), 10-Q (filing date: 2014-03-20), 10-Q (filing date: 2013-12-20), 10-Q (filing date: 2013-09-20).

1 Q1 2020 Calculation
Receivables turnover = (RevenuesQ1 2020 + RevenuesQ4 2019 + RevenuesQ3 2019 + RevenuesQ2 2019) ÷ Trade receivables, net of allowances for doubtful accounts
= (9,218 + 11,137 + 9,614 + 9,562) ÷ 3,820 = 10.35

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Oracle Corp.’s receivables turnover ratio deteriorated from Q3 2019 to Q4 2019 but then improved from Q4 2019 to Q1 2020 exceeding Q3 2019 level.

Payables Turnover

Oracle Corp., payables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013 Aug 31, 2013
Selected Financial Data (US$ in millions)
Cost of revenues 1,957  2,065  1,976  2,001  1,953  2,181  2,002  1,965  1,933  2,004  1,892  1,797  1,776  1,937  1,839  1,853  1,850  2,052  1,900  1,899  1,681  1,933  1,775  1,807  1,721 
Accounts payable 486  580  603  587  527  529  603  554  593  599  481  615  551  504  410  415  422  806  626  490  423  471  396  408  367 
Short-term Activity Ratio
Payables turnover1 16.46 13.78 13.45 13.86 15.37 15.28 13.11 14.07 12.86 12.47 15.39 11.95 13.44 14.84 18.52 18.45 18.25 9.34 11.84 14.87 17.01 15.36
Benchmarks
Payables Turnover, Competitors2
Adobe Inc. 8.45 8.63 9.18 6.42 7.60 9.16 7.87 8.90 10.59 11.50 4.48 9.31 9.64 10.49 10.82 7.98 10.08 11.86 8.93 9.10 11.32 10.90 8.97
Alphabet Inc. 16.61 16.69 16.74 13.60 14.75 15.66 13.97 14.53 15.70 15.89 16.17 17.22 15.02 18.07 17.67 14.59 17.36 20.19 15.45 14.98
Facebook Inc. 14.04 17.31 16.96 11.41 13.85 17.18 10.49 14.35 12.77 13.72 24.18 12.55 13.72 25.38 20.48 14.63 18.09 18.27 18.18 12.23
International Business Machines Corp. 10.16 8.75 7.35 6.50 8.04 7.91 7.56 6.65 7.74 8.19 7.89 6.70 7.85 7.48 7.72 6.81 8.06 7.29 7.11 6.76
Intuit Inc. 4.45 4.26 2.92 2.67 4.92 5.49 2.86 2.51 3.74 5.15 2.96 3.01 4.66 4.09 2.80 2.60 4.11 3.82 2.55 2.55 3.45 4.15
Microsoft Corp. 5.06 4.57 5.60 5.47 4.70 4.45 4.86 4.57 5.05 4.64 5.43 5.08 5.31 4.75 4.77 4.57 4.82 5.01 4.96 4.62 4.46 3.64

Based on: 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23), 10-K (filing date: 2014-06-26), 10-Q (filing date: 2014-03-20), 10-Q (filing date: 2013-12-20), 10-Q (filing date: 2013-09-20).

1 Q1 2020 Calculation
Payables turnover = (Cost of revenuesQ1 2020 + Cost of revenuesQ4 2019 + Cost of revenuesQ3 2019 + Cost of revenuesQ2 2019) ÷ Accounts payable
= (1,957 + 2,065 + 1,976 + 2,001) ÷ 486 = 16.46

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Oracle Corp.’s payables turnover ratio increased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Working Capital Turnover

Oracle Corp., working capital turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013 Aug 31, 2013
Selected Financial Data (US$ in millions)
Current assets 42,384  46,386  47,617  56,938  67,009  75,964  77,732  78,545  73,335  74,515  66,011  64,734  74,451  64,313  57,069  58,618  62,122  63,183  51,294  52,040  58,194  48,138  44,404  44,252  45,457 
Less: Current liabilities 18,875  18,630  17,986  20,315  19,562  19,195  17,968  15,494  20,226  24,178  15,790  16,347  15,142  17,208  11,825  13,754  15,391  15,291  13,792  11,985  13,377  14,389  13,092  13,110  14,526 
Working capital 23,509  27,756  29,631  36,623  47,447  56,769  59,764  63,051  53,109  50,337  50,221  48,387  59,309  47,105  45,244  44,864  46,731  47,892  37,502  40,055  44,817  33,749  31,312  31,142  30,931 
 
Revenues 9,218  11,137  9,614  9,562  9,193  11,252  9,771  9,621  9,187  10,893  9,205  9,035  8,595  10,594  9,012  8,993  8,448  10,705  9,327  9,598  8,596  11,321  9,307  9,275  8,372 
Short-term Activity Ratio
Working capital turnover1 1.68 1.42 1.34 1.09 0.84 0.70 0.66 0.62 0.72 0.75 0.75 0.77 0.63 0.79 0.82 0.84 0.81 0.80 1.04 0.97 0.86 1.13
Benchmarks
Working Capital Turnover, Competitors2
Adobe Inc. 16.24 3.42 2.02 1.95 1.96 2.05 2.17 2.20 1.93 1.91 1.86 1.88 1.84 1.85 1.94 1.95 1.97 2.02 2.16 2.21
Alphabet Inc. 1.42 1.34 1.37 1.35 1.32 1.31 1.19 1.11 1.06 1.06 1.01 1.02 1.02 1.06 1.06 1.06 1.03 1.04 1.03 1.03
Facebook Inc. 1.36 1.39 1.36 1.28 1.19 1.07 0.98 0.91 0.89 0.88 0.89 0.88 0.89 0.89 0.90 0.91 0.92 0.97 1.02 1.02
International Business Machines Corp. 25.25 2.21 5.69 7.29 7.03 7.11 5.98 6.40 6.01 8.67 12.39 10.50 11.48 8.08 6.24 9.93 10.00 9.01 8.44 9.45
Intuit Inc. 4.93 4.17 3.46 10.00 9.43 20.71 40.97 5.14 5.68 9.52 4.17 3.76
Microsoft Corp. 1.20 1.19 1.15 1.11 1.06 0.99 0.94 0.90 0.86 0.94 0.93 1.16 0.86 1.06 1.03 1.03 1.26 1.25 1.22 1.36 1.35 1.27
salesforce.com inc. 4.92

Based on: 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23), 10-K (filing date: 2014-06-26), 10-Q (filing date: 2014-03-20), 10-Q (filing date: 2013-12-20), 10-Q (filing date: 2013-09-20).

1 Q1 2020 Calculation
Working capital turnover = (RevenuesQ1 2020 + RevenuesQ4 2019 + RevenuesQ3 2019 + RevenuesQ2 2019) ÷ Working capital
= (9,218 + 11,137 + 9,614 + 9,562) ÷ 23,509 = 1.68

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. Oracle Corp.’s working capital turnover ratio improved from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Average Receivable Collection Period

Oracle Corp., average receivable collection period calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013 Aug 31, 2013
Selected Financial Data
Receivables turnover 10.35 7.69 9.92 10.01 10.68 7.55 10.12 10.24 10.67 7.12 10.06 10.09 10.92 6.88 9.67 9.47 10.96 6.80 9.30 8.97 10.84 6.29
Short-term Activity Ratio (no. days)
Average receivable collection period1 35 47 37 36 34 48 36 36 34 51 36 36 33 53 38 39 33 54 39 41 34 58
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Adobe Inc. 47 46 51 53 44 48 50 61 53 50 50 52 48 46 43 51 47 42 46 52 47 47 46
Alphabet Inc. 49 52 49 56 50 50 52 60 53 51 50 57 51 52 51 56 50 49 46 52
Facebook Inc. 42 44 40 50 43 42 42 52 44 43 41 53 45 46 43 52 46 45 41 49
International Business Machines Corp. 32 35 32 34 32 34 35 41 38 39 39 42 38 40 39 37 35 36 36 36
Intuit Inc. 5 5 14 31 5 6 19 36 8 7 18 39 9 8 17 42 11 8 18 38 11 11
Microsoft Corp. 54 86 58 61 55 88 61 68 57 80 54 61 48 78 51 60 46 70 48 63 51 82
salesforce.com inc. 56 135 59 61 58 136 56 61 59 139 59 65 62 137 61 65 60 129 57 64 57 122

Based on: 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23), 10-K (filing date: 2014-06-26), 10-Q (filing date: 2014-03-20), 10-Q (filing date: 2013-12-20), 10-Q (filing date: 2013-09-20).

1 Q1 2020 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 10.35 = 35

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover. Oracle Corp.’s number of days of receivables outstanding deteriorated from Q3 2019 to Q4 2019 but then improved from Q4 2019 to Q1 2020 exceeding Q3 2019 level.

Average Payables Payment Period

Oracle Corp., average payables payment period calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013 Aug 31, 2013
Selected Financial Data
Payables turnover 16.46 13.78 13.45 13.86 15.37 15.28 13.11 14.07 12.86 12.47 15.39 11.95 13.44 14.84 18.52 18.45 18.25 9.34 11.84 14.87 17.01 15.36
Short-term Activity Ratio (no. days)
Average payables payment period1 22 26 27 26 24 24 28 26 28 29 24 31 27 25 20 20 20 39 31 25 21 24
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Adobe Inc. 43 42 40 57 48 40 46 41 34 32 81 39 38 35 34 46 36 31 41 40 32 33 41
Alphabet Inc. 22 22 22 27 25 23 26 25 23 23 23 21 24 20 21 25 21 18 24 24
Facebook Inc. 26 21 22 32 26 21 35 25 29 27 15 29 27 14 18 25 20 20 20 30
International Business Machines Corp. 36 42 50 56 45 46 48 55 47 45 46 54 46 49 47 54 45 50 51 54
Intuit Inc. 82 86 125 137 74 66 128 145 98 71 123 121 78 89 130 140 89 96 143 143 106 88
Microsoft Corp. 72 80 65 67 78 82 75 80 72 79 67 72 69 77 76 80 76 73 74 79 82 100

Based on: 10-Q (filing date: 2019-09-13), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-18), 10-Q (filing date: 2018-12-19), 10-Q (filing date: 2018-09-19), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-21), 10-Q (filing date: 2017-12-18), 10-Q (filing date: 2017-09-18), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-17), 10-Q (filing date: 2016-12-19), 10-Q (filing date: 2016-09-19), 10-K (filing date: 2016-06-22), 10-Q (filing date: 2016-03-18), 10-Q (filing date: 2015-12-18), 10-Q (filing date: 2015-09-18), 10-K (filing date: 2015-06-25), 10-Q (filing date: 2015-03-19), 10-Q (filing date: 2014-12-19), 10-Q (filing date: 2014-09-23), 10-K (filing date: 2014-06-26), 10-Q (filing date: 2014-03-20), 10-Q (filing date: 2013-12-20), 10-Q (filing date: 2013-09-20).

1 Q1 2020 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 16.46 = 22

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Oracle Corp.’s number of days of payables outstanding decreased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.