Switch to:
Horizon Pharma PLC (NAS:HZNP)
Days Payable
82.32 (As of Mar. 2016)

Horizon Pharma PLC's payable for the three months ended in Mar. 2016 was $69.7 Mil. Horizon Pharma PLC's cost of goods sold for the three months ended in Mar. 2016 was $77.2 Mil. Hence, Horizon Pharma PLC's days payable for the three months ended in Mar. 2016 was 82.32.

HZNP' s Days Payable Range Over the Past 10 Years
Min: 97.38   Max: 410.36
Current: 94.93

97.38
410.36

During the past 8 years, Horizon Pharma PLC's highest Days Payable was 410.36. The lowest was 97.38. And the median was 215.25.

HZNP's Days Payable is ranked higher than
66% of the 589 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 71.47 vs. HZNP: 94.93 )

Horizon Pharma PLC's days payable increased from Mar. 2015 (69.46) to Mar. 2016 (82.32). It may suggest that Horizon Pharma PLC delayed 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.

Horizon Pharma 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
=21.011/78.753*365
=97.38

Horizon Pharma 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
=69.671/77.233*365 / 4
=82.32

* 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.

Horizon Pharma PLC Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.000.00215.25410.36172.54247.6097.3827.59

Horizon Pharma PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 584.81123.0158.46148.4558.6769.4638.7092.4922.4082.32
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK