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Horizon Pharma PLC (NAS:HZNP)
Days Payable
92.49 (As of Sep. 2015)

Horizon Pharma PLC's payable for the three months ended in Sep. 2015 was $62.1 Mil. Horizon Pharma PLC's cost of goods sold for the three months ended in Sep. 2015 was $61.3 Mil. Hence, Horizon Pharma PLC's days payable for the three months ended in Sep. 2015 was 92.49.

HZNP' s Days Payable Range Over the Past 10 Years
Min: 97.38   Max: 410.36
Current: 122.75

97.38
410.36

During the past 7 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
73% of the 563 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 72.59 vs. HZNP: 122.75 )

Horizon Pharma PLC's days payable declined from Sep. 2014 (148.45) to Sep. 2015 (92.49). 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. 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 Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=62.083/61.25*365 / 4
=92.49

* 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

Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.000.000.00215.25410.36183.99247.6097.38

Horizon Pharma PLC Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 214.37143.52172.27123.0158.46148.4558.6769.4638.7092.49
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