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Icon PLC (NAS:ICLR)
Days Payable
95.99 (As of Sep. 2016)

Icon PLC's payable for the three months ended in Sep. 2016 was $256 Mil. Icon PLC's cost of goods sold for the three months ended in Sep. 2016 was $243 Mil. Hence, Icon PLC's days payable for the three months ended in Sep. 2016 was 95.99.

ICLR' s Days Payable Range Over the Past 10 Years
Min: 1.98   Max: 130.79
Current: 97.16

1.98
130.79

During the past 13 years, Icon PLC's highest Days Payable was 130.79. The lowest was 1.98. And the median was 8.71.

ICLR's Days Payable is ranked higher than
74% of the 148 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 54.58 vs. ICLR: 97.16 )

Icon PLC's days payable declined from Sep. 2015 (120.55) to Sep. 2016 (95.99). It may suggest that Icon 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.

Icon 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
=325.718/908.979*365
=130.79

Icon 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
=255.886/243.244*365 / 4
=95.99

* 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.

Icon PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 13.86104.038.718.303.194.141.98114.33130.790.00

Icon PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 2.35112.291.54111.47120.55129.57129.21101.0995.990.00
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