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Hospira Inc's accounts payable for the three months ended in Sep. 2014 was $356 Mil. Hospira Inc's cost of goods sold for the three months ended in Sep. 2014 was $719 Mil. Hence, Hospira Inc's days accounts payable for the three months ended in Sep. 2014 was 45.17.
Hospira Inc's days accounts payable increased from Sep. 2013 (32.46) to Sep. 2014 (45.17). It may suggest that Hospira 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.
Hospira Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Hospira Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Hospira Inc Annual Data
|Days Accts Payable||19.94||26.66||27.33||30.70||36.62||34.57||48.72||33.12||33.82||41.12|
Hospira Inc Quarterly Data
|Days Accts Payable||27.58||31.33||32.15||32.13||35.21||32.46||39.38||45.48||43.31||45.17|