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AmerisourceBergen Corp (NYSE:ABC)
Days Payable
59.92 (As of Sep. 2016)

AmerisourceBergen Corp's payable for the three months ended in Sep. 2016 was $23,926 Mil. AmerisourceBergen Corp's cost of goods sold for the three months ended in Sep. 2016 was $36,436 Mil. Hence, AmerisourceBergen Corp's days payable for the three months ended in Sep. 2016 was 59.92.

ABC' s Days Payable Range Over the Past 10 Years
Min: 39.24   Max: 61.25
Current: 61.25

39.24
61.25

During the past 13 years, AmerisourceBergen Corp's highest Days Payable was 61.25. The lowest was 39.24. And the median was 45.28.

ABC's Days Payable is ranked lower than
60% of the 40 Companies
in the Global Medical Distribution industry.

( Industry Median: 82.92 vs. ABC: 61.25 )

AmerisourceBergen Corp's days payable increased from Sep. 2015 (55.25) to Sep. 2016 (59.92). It may suggest that AmerisourceBergen Corp delayed 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.

AmerisourceBergen Corp'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
=23926.32/142577.08*365
=61.25

AmerisourceBergen Corp's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=23926.32/36436.068*365 / 4
=59.92

* 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.

AmerisourceBergen Corp Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 40.0239.2444.6342.6544.0145.9256.9648.8257.5761.25

AmerisourceBergen Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 45.5746.3252.8952.8652.9555.2557.5360.5857.8859.92
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