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

GlaxoSmithKline PLC's payable for the three months ended in Mar. 2016 was $0 Mil. GlaxoSmithKline PLC's cost of goods sold for the three months ended in Mar. 2016 was $3,038 Mil. Hence, GlaxoSmithKline PLC's days payable for the three months ended in Mar. 2016 was 0.00.

GSK' s Days Payable Range Over the Past 10 Years
Min: 62.75   Max: 372.4
Current: 128.2

62.75
372.4

During the past 13 years, GlaxoSmithKline PLC's highest Days Payable was 372.40. The lowest was 62.75. And the median was 333.04.

GSK's Days Payable is ranked higher than
78% of the 589 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 71.47 vs. GSK: 128.20 )

GlaxoSmithKline PLC's days payable stayed the same from Mar. 2015 (0.00) to Mar. 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4366.1971831/11460.0938967*365
=139.06

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/3038.46153846*365 / 4
=0.00

* 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.

GlaxoSmithKline PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 63.01340.84345.65334.93331.15366.34372.40116.45139.06128.63

GlaxoSmithKline PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 98.940.000.000.00125.470.000.000.00112.040.00
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