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Icon PLC (NAS:ICLR)
Days Payable
129.21 (As of Mar. 2016)

Icon PLC's payable for the three months ended in Mar. 2016 was $324 Mil. Icon PLC's cost of goods sold for the three months ended in Mar. 2016 was $229 Mil. Hence, Icon PLC's days payable for the three months ended in Mar. 2016 was 129.21.

ICLR' s Days Payable Range Over the Past 10 Years
Min: 1.13   Max: 127.46
Current: 129.91

1.13
127.46

During the past 13 years, Icon PLC's highest Days Payable was 127.46. The lowest was 1.13. And the median was 11.05.

ICLR's Days Payable is ranked higher than
84% of the 158 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 56.90 vs. ICLR: 129.91 )

Icon PLC's days payable increased from Mar. 2015 (1.54) to Mar. 2016 (129.21). It may suggest that Icon 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.

Icon 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
=2.793/903.167*365
=1.13

Icon 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
=323.708/228.603*365 / 4
=129.21

* 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.

Icon PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 13.8013.86104.03127.468.303.194.141.981.13130.79

Icon PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 1.952.81121.162.351.111.54111.47120.55129.57129.21
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