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Forest Laboratories Inc's accounts payable for the three months ended in Mar. 2014 was $221 Mil. Forest Laboratories Inc's cost of goods sold for the three months ended in Mar. 2014 was $249 Mil. Hence, Forest Laboratories Inc's days accounts payable for the three months ended in Mar. 2014 was 80.90.
Forest Laboratories Inc's days accounts payable increased from Mar. 2013 (80.74) to Mar. 2014 (80.90). It may suggest that Forest Laboratories Inc delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Forest Laboratories Inc's Days Accounts Payable for the fiscal year that ended in Mar. 2014 is calculated as
Forest Laboratories Inc's Days Accounts Payable for the quarter that ended in Mar. 2014 is calculated as:
Forest Laboratories Inc Annual Data
|Days Accts Payable||121.05||79.01||75.69||102.06||52.38||51.41||72.23||56.42||88.48||106.06|
Forest Laboratories Inc Quarterly Data
|Days Accts Payable||40.96||64.70||75.17||45.67||46.18||80.74||78.59||37.11||38.78||80.90|