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Horizon Pharma PLC (NAS:HZNP)
Days Payable
70.38 (As of Sep. 2016)

Horizon Pharma PLC's payable for the three months ended in Sep. 2016 was $65.7 Mil. Horizon Pharma PLC's cost of goods sold for the three months ended in Sep. 2016 was $85.2 Mil. Hence, Horizon Pharma PLC's days payable for the three months ended in Sep. 2016 was 70.38.

HZNP' s Days Payable Range Over the Past 10 Years
Min: 27.59   Max: 410.36
Current: 77.07

27.59
410.36

During the past 8 years, Horizon Pharma PLC's highest Days Payable was 410.36. The lowest was 27.59. And the median was 199.62.

HZNP's Days Payable is ranked higher than
54% of the 571 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 71.88 vs. HZNP: 77.07 )

Horizon Pharma PLC's days payable declined from Sep. 2015 (92.49) to Sep. 2016 (70.38). It may suggest that Horizon Pharma PLC 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.

Horizon Pharma 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
=16.59/219.502*365
=27.59

Horizon Pharma 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
=65.684/85.161*365 / 4
=70.38

* 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.

Horizon Pharma PLC Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.000.00215.25410.36183.99247.6097.3827.59

Horizon Pharma PLC Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 58.46148.4558.6769.4638.7092.4922.4082.3266.3370.38
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