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GlaxoSmithKline PLC (NYSE:GSK)
Days Payable
0.00 (As of Sep. 2016)

GlaxoSmithKline PLC's payable for the three months ended in Sep. 2016 was $0 Mil. GlaxoSmithKline PLC's cost of goods sold for the three months ended in Sep. 2016 was $3,318 Mil. Hence, GlaxoSmithKline PLC's days payable for the three months ended in Sep. 2016 was 0.00.

During the past 13 years, GlaxoSmithKline PLC's highest Days Payable was 350.06. The lowest was 0.00. And the median was 228.69.

GlaxoSmithKline PLC's days payable stayed the same from Sep. 2015 (0.00) to Sep. 2016 (0.00).


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.

GlaxoSmithKline PLC'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
=4670.65868263/13252.994012*365
=128.63

GlaxoSmithKline PLC's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/3318.00262812*365 / 4
=0.00

* 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.

GlaxoSmithKline PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 63.01340.84345.65334.930.00350.06122.79116.45139.06128.63

GlaxoSmithKline PLC Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 0.000.00125.470.000.000.00112.040.000.000.00
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