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Johnson & Johnson's accounts payable for the three months ended in Sep. 2014 was $6,603 Mil. Johnson & Johnson's cost of goods sold for the three months ended in Sep. 2014 was $5,399 Mil. Hence, Johnson & Johnson's days accounts payable for the three months ended in Sep. 2014 was 111.60.
Johnson & Johnson's days accounts payable increased from Sep. 2013 (103.39) to Sep. 2014 (111.60). It may suggest that Johnson & Johnson delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Johnson & Johnson's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Johnson & Johnson's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Johnson & Johnson Annual Data
|Days Accts Payable||141.60||112.42||137.96||142.06||147.94||109.64||109.22||102.63||98.27||102.37|
Johnson & Johnson Quarterly Data
|Days Accts Payable||91.29||87.13||88.64||88.26||94.54||103.39||96.02||102.26||93.58||111.60|