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Array BioPharma, Inc. (NAS:ARRY)
Days Payable
25.61 (As of Dec. 2013)

Array BioPharma, Inc.'s payable for the three months ended in Dec. 2013 was $3.96 Mil. Array BioPharma, Inc.'s revenue for the three months ended in Dec. 2013 was $14.07 Mil. Hence, Array BioPharma, Inc.'s days payable for the three months ended in Dec. 2013 was 25.61.

Array BioPharma, Inc.'s days payable increased from Dec. 2012 (23.40) to Dec. 2013 (25.61). It may suggest that Array BioPharma, 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.

Array BioPharma, Inc.'s Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=5.396/69.58*365
=28.31

Array BioPharma, Inc.'s Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=3.958/14.066*91
=25.61

* 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.

Array BioPharma, Inc. Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
DaysPayable 25.2429.7550.3863.1759.0698.5638.1722.6427.7228.31

Array BioPharma, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 18.5919.3821.8728.4724.7723.4068.6119.3219.6525.61
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