Switch to:
Cerner Corp (NAS:CERN)
Days Payable
107.48 (As of Jun. 2016)

Cerner Corp's payable for the three months ended in Jun. 2016 was $242 Mil. Cerner Corp's cost of goods sold for the three months ended in Jun. 2016 was $206 Mil. Hence, Cerner Corp's days payable for the three months ended in Jun. 2016 was 107.48.

CERN' s Days Payable Range Over the Past 10 Years
Min: 47.89   Max: 115.48
Current: 114.63

47.89
115.48

During the past 13 years, Cerner Corp's highest Days Payable was 115.48. The lowest was 47.89. And the median was 98.41.

CERN's Days Payable is ranked higher than
82% of the 1297 Companies
in the Global Health Information Services industry.

( Industry Median: 43.28 vs. CERN: 114.63 )

Cerner Corp's days payable increased from Jun. 2015 (99.04) to Jun. 2016 (107.48). It may suggest that Cerner Corp 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.

Cerner Corp'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
=215.51/750.781*365
=104.77

Cerner Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=242.122/205.556*365 / 4
=107.48

* 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.

Cerner Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 100.02104.00115.4847.8974.1070.6984.75102.8496.80104.77

Cerner Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 88.8883.65110.2584.62105.8999.0499.5498.71108.81107.48
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK