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Haemonetics Corp (NYSE:HAE)
Days Payable
28.24 (As of Jun. 2016)

Haemonetics Corp's payable for the three months ended in Jun. 2016 was $36.8 Mil. Haemonetics Corp's cost of goods sold for the three months ended in Jun. 2016 was $118.9 Mil. Hence, Haemonetics Corp's days payable for the three months ended in Jun. 2016 was 28.24.

HAE' s Days Payable Range Over the Past 10 Years
Min: 26.02   Max: 41.58
Current: 26.29

26.02
41.58

During the past 13 years, Haemonetics Corp's highest Days Payable was 41.58. The lowest was 26.02. And the median was 31.36.

HAE's Days Payable is ranked lower than
83% of the 155 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 48.01 vs. HAE: 26.29 )

Haemonetics Corp's days payable declined from Jun. 2015 (34.69) to Jun. 2016 (28.24). It may suggest that Haemonetics 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=39.674/502.918*365
=28.79

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=36.799/118.9*365 / 4
=28.24

* 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.

Haemonetics Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 28.2227.8326.0230.5632.1636.0639.2641.5837.1428.79

Haemonetics Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 38.9042.6233.7435.5637.4134.6933.5729.0423.6428.24
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