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Alere Inc (NYSE:ALR)
Days Payable
54.21 (As of Sep. 2015)

Alere Inc's payable for the three months ended in Sep. 2015 was $194 Mil. Alere Inc's cost of goods sold for the three months ended in Sep. 2015 was $327 Mil. Hence, Alere Inc's days payable for the three months ended in Sep. 2015 was 54.21.

ALR' s Days Payable Range Over the Past 10 Years
Min: 43.4   Max: 59
Current: 52.98

43.4
59

During the past 13 years, Alere Inc's highest Days Payable was 59.00. The lowest was 43.40. And the median was 49.74.

ALR's Days Payable is ranked lower than
53% of the 158 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 56.90 vs. ALR: 52.98 )

Alere Inc's days payable declined from Sep. 2014 (55.09) to Sep. 2015 (54.21). It may suggest that Alere Inc 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.

Alere Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=213.592/1364.786*365
=57.12

Alere Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=194.246/326.995*365 / 4
=54.21

* 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.

Alere Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 57.0849.7259.0043.4753.0945.3649.7544.6243.4057.12

Alere Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 42.9353.8950.0155.1957.0355.0954.3556.5650.6854.21
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