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Alkermes PLC (NAS:ALKS)
Days Payable
52.50 (As of Sep. 2014)

Alkermes PLC's payable for the three months ended in Sep. 2014 was $27.2 Mil. Alkermes PLC's cost of goods sold for the three months ended in Sep. 2014 was $47.3 Mil. Hence, Alkermes PLC's days payable for the three months ended in Sep. 2014 was 52.50.

Alkermes PLC's days payable increased from Jun. 2013 (28.19) to Sep. 2014 (52.50). It may suggest that Alkermes PLC 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.

Alkermes PLC's Days Payable for the fiscal year that ended in Mar. 2013 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=18.282/170.466*365
=39.15

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=27.233/47.335*365 / 4
=52.50

* 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.

Alkermes PLC Annual Data

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
DaysPayable 349.14407.69561.6097.6763.1967.6760.5264.8352.6439.15

Alkermes PLC Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Mar14Jun14Sep14
DaysPayable 32.8727.6934.2833.7734.7628.1924.3657.0844.8252.50
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