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Array BioPharma Inc (NAS:ARRY)
Days Payable
242.96 (As of Mar. 2016)

Array BioPharma Inc's payable for the three months ended in Mar. 2016 was $15.6 Mil. Array BioPharma Inc's cost of goods sold for the three months ended in Mar. 2016 was $5.8 Mil. Hence, Array BioPharma Inc's days payable for the three months ended in Mar. 2016 was 242.96.

ARRY' s Days Payable Range Over the Past 10 Years
Min: 37.58   Max: 124.01
Current: 230.06

37.58
124.01

During the past 13 years, Array BioPharma Inc's highest Days Payable was 124.01. The lowest was 37.58. And the median was 69.05.

ARRY's Days Payable is ranked higher than
86% of the 443 Companies
in the Global Biotechnology industry.

( Industry Median: 57.78 vs. ARRY: 230.06 )

Array BioPharma Inc's days payable increased from Mar. 2015 (57.25) to Mar. 2016 (242.96). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.57/44.392*365
=37.58

Array BioPharma Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=15.568/5.847*365 / 4
=242.96

* 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

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 57.2493.6579.63124.0172.6156.3097.2865.4855.2137.58

Array BioPharma Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 27.5559.5655.4639.0964.5457.2559.7795.16195.13242.96
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