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Johnson & Johnson (NYSE:JNJ)
Days Payable
103.65 (As of Jun. 2016)

Johnson & Johnson's payable for the three months ended in Jun. 2016 was $6,061 Mil. Johnson & Johnson's cost of goods sold for the three months ended in Jun. 2016 was $5,336 Mil. Hence, Johnson & Johnson's days payable for the three months ended in Jun. 2016 was 103.65.

JNJ' s Days Payable Range Over the Past 10 Years
Min: 98.27   Max: 147.94
Current: 102.6

98.27
147.94

During the past 13 years, Johnson & Johnson's highest Days Payable was 147.94. The lowest was 98.27. And the median was 111.33.

JNJ's Days Payable is ranked higher than
70% of the 552 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 67.61 vs. JNJ: 102.60 )

Johnson & Johnson's days payable declined from Jun. 2015 (104.59) to Jun. 2016 (103.65). It may suggest that Johnson & Johnson 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.

Johnson & Johnson'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
=6668/21536*365
=113.01

Johnson & Johnson's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6061/5336*365 / 4
=103.65

* 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.

Johnson & Johnson Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 137.96142.06147.94109.64109.22102.6398.27102.37122.49113.01

Johnson & Johnson Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 102.2693.58111.60119.00116.08104.59103.55107.25102.14103.65
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