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GlaxoSmithKline PLC's accounts payable for the three months ended in Sep. 2014 was $0 Mil. GlaxoSmithKline PLC's cost of goods sold for the three months ended in Sep. 2014 was $2,941 Mil. Hence, GlaxoSmithKline PLC's days accounts payable for the three months ended in Sep. 2014 was 0.00.
GlaxoSmithKline PLC's days accounts payable declined from Sep. 2013 (336.95) to Sep. 2014 (0.00). It may suggest that GlaxoSmithKline PLC accelerated 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.
GlaxoSmithKline PLC's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
GlaxoSmithKline PLC's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
GlaxoSmithKline PLC Annual Data
|Days Accts Payable||357.23||62.75||63.01||340.84||345.65||334.93||318.32||351.21||122.79||116.45|
GlaxoSmithKline PLC Quarterly Data
|Days Accts Payable||326.68||335.60||120.55||0.00||362.59||336.95||98.94||0.00||0.00||0.00|