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AmerisourceBergen Corp (NYSE:ABC)
Days Payable
46.32 (As of Sep. 2014)

AmerisourceBergen Corp's payable for the three months ended in Sep. 2014 was $15,593 Mil. AmerisourceBergen Corp's cost of goods sold for the three months ended in Sep. 2014 was $30,716 Mil. Hence, AmerisourceBergen Corp's days payable for the three months ended in Sep. 2014 was 46.32.

AmerisourceBergen Corp's days payable declined from Sep. 2013 (50.91) to Sep. 2014 (46.32). It may suggest that AmerisourceBergen Corp 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.

AmerisourceBergen Corp's Days Payable for the fiscal year that ended in Sep. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15592.834/116586.761*365
=48.82

AmerisourceBergen Corp's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15592.834/30716.164*365 / 4
=46.32

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AmerisourceBergen Corp Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
DaysPayable 36.7340.2340.020.0044.6342.6543.2945.9256.9648.82

AmerisourceBergen Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 44.8547.2044.2047.7447.0750.9144.3949.0745.5746.32
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