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Cerner Corp (NAS:CERN)
Days Payable
99.54 (As of Sep. 2015)

Cerner Corp's payable for the three months ended in Sep. 2015 was $208 Mil. Cerner Corp's cost of goods sold for the three months ended in Sep. 2015 was $191 Mil. Hence, Cerner Corp's days payable for the three months ended in Sep. 2015 was 99.54.

CERN' s Days Payable Range Over the Past 10 Years
Min: 47.89   Max: 115.48
Current: 137.57

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 95.25.

CERN's Days Payable is ranked higher than
86% of the 1290 Companies
in the Global Health Information Services industry.

( Industry Median: 44.10 vs. CERN: 137.57 )

Cerner Corp's days payable declined from Sep. 2014 (110.25) to Sep. 2015 (99.54). It may suggest that Cerner Corp 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.

Cerner Corp'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
=160.285/604.377*365
=96.80

Cerner Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=207.887/190.583*365 / 4
=99.54

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 93.69100.02104.00115.4847.8974.1070.6984.75102.8496.80

Cerner Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 123.12112.190.0088.8883.65110.250.00105.8999.0499.54
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