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Alkermes PLC (NAS:ALKS)
Days Payable
112.79 (As of Sep. 2016)

Alkermes PLC's payable for the three months ended in Sep. 2016 was $43.8 Mil. Alkermes PLC's cost of goods sold for the three months ended in Sep. 2016 was $35.5 Mil. Hence, Alkermes PLC's days payable for the three months ended in Sep. 2016 was 112.79.

ALKS' s Days Payable Range Over the Past 10 Years
Min: 39.15   Max: 561.6
Current: 121.22

39.15
561.6

During the past 13 years, Alkermes PLC's highest Days Payable was 561.60. The lowest was 39.15. And the median was 65.98.

ALKS's Days Payable is ranked higher than
74% of the 412 Companies
in the Global Biotechnology industry.

( Industry Median: 57.94 vs. ALKS: 121.22 )

Alkermes PLC's days payable increased from Sep. 2015 (74.93) to Sep. 2016 (112.79). 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 Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=37.401/138.989*365
=98.22

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=43.824/35.456*365 / 4
=112.79

* 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.

Alkermes PLC Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Dec14Dec15
DaysPayable 561.6097.6763.1967.6760.5264.8352.6439.1567.1298.22

Alkermes PLC Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 44.8252.5063.6357.7480.8374.9398.10108.7097.41112.79
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