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Alere Inc (NYSE:ALR)
Days Payable
53.84 (As of Jun. 2016)

Alere Inc's payable for the three months ended in Jun. 2016 was $194 Mil. Alere Inc's cost of goods sold for the three months ended in Jun. 2016 was $329 Mil. Hence, Alere Inc's days payable for the three months ended in Jun. 2016 was 53.84.

ALR' s Days Payable Range Over the Past 10 Years
Min: 44.62   Max: 59
Current: 52.94

44.62
59

During the past 13 years, Alere Inc's highest Days Payable was 59.00. The lowest was 44.62. And the median was 49.74.

ALR's Days Payable is ranked lower than
55% of the 149 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 60.15 vs. ALR: 52.94 )

Alere Inc's days payable increased from Jun. 2015 (50.68) to Jun. 2016 (53.84). It may suggest that Alere Inc 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.

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 Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=194.235/329.227*365 / 4
=53.84

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 49.7259.0048.3553.0945.3649.7544.6244.7757.1252.90

Alere Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 47.5649.9650.2892.4956.5650.6854.2148.1448.5053.84
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