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GuruFocus has detected 3 Warning Signs with Waters Corp $FRA:WAZ.
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Waters Corp (FRA:WAZ)
Days Payable
24.57 (As of Dec. 2016)

Waters Corp's payable for the three months ended in Dec. 2016 was €64 Mil. Waters Corp's cost of goods sold for the three months ended in Dec. 2016 was €238 Mil. Hence, Waters Corp's days payable for the three months ended in Dec. 2016 was 24.57.

FRA:WAZ' s Days Payable Range Over the Past 10 Years
Min: 26.08   Max: 35.98
Current: 27.74

26.08
35.98

During the past 13 years, Waters Corp's highest Days Payable was 35.98. The lowest was 26.08. And the median was 28.41.

FRA:WAZ's Days Payable is ranked lower than
84% of the 145 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 53.53 vs. FRA:WAZ: 27.74 )

Waters Corp's days payable declined from Dec. 2015 (27.07) to Dec. 2016 (24.57). It may suggest that Waters 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.

Waters Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=64.2146174993/845.059247322*365
=27.74

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=64.2146174993/238.486112428*365 / 4
=24.57

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Waters Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 27.4426.0830.4235.9827.6427.0830.2629.0730.5727.74

Waters Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 27.2025.7230.8428.4227.2327.0733.2527.3828.3224.57
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