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Amgen Inc (NAS:AMGN)
Days Payable
75.61 (As of Jun. 2016)

Amgen Inc's payable for the three months ended in Jun. 2016 was $870 Mil. Amgen Inc's cost of goods sold for the three months ended in Jun. 2016 was $1,050 Mil. Hence, Amgen Inc's days payable for the three months ended in Jun. 2016 was 75.61.

AMGN' s Days Payable Range Over the Past 10 Years
Min: 54.15   Max: 117.72
Current: 76.1

54.15
117.72

During the past 13 years, Amgen Inc's highest Days Payable was 117.72. The lowest was 54.15. And the median was 86.19.

AMGN's Days Payable is ranked higher than
59% of the 414 Companies
in the Global Biotechnology industry.

( Industry Median: 54.96 vs. AMGN: 76.10 )

Amgen Inc's days payable declined from Jun. 2015 (78.26) to Jun. 2016 (75.61). It may suggest that Amgen 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.

Amgen Inc'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
=965/4227*365
=83.33

Amgen 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
=870/1050*365 / 4
=75.61

* 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.

Amgen Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 96.6954.1580.12100.20117.7286.53103.2685.8582.1383.33

Amgen Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 79.4582.8981.6076.7578.4478.2694.1682.2273.3275.61
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