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Mead Johnson Nutrition Co (NYSE:MJN)
Days Payable
129.83 (As of Sep. 2016)

Mead Johnson Nutrition Co's payable for the three months ended in Sep. 2016 was $475 Mil. Mead Johnson Nutrition Co's cost of goods sold for the three months ended in Sep. 2016 was $334 Mil. Hence, Mead Johnson Nutrition Co's days payable for the three months ended in Sep. 2016 was 129.83.

MJN' s Days Payable Range Over the Past 10 Years
Min: 51.93   Max: 135.35
Current: 126.21

51.93
135.35

During the past 13 years, Mead Johnson Nutrition Co's highest Days Payable was 135.35. The lowest was 51.93. And the median was 118.45.

MJN's Days Payable is ranked higher than
87% of the 1051 Companies
in the Global Packaged Foods industry.

( Industry Median: 43.67 vs. MJN: 126.21 )

Mead Johnson Nutrition Co's days payable increased from Sep. 2015 (118.43) to Sep. 2016 (129.83). It may suggest that Mead Johnson Nutrition Co 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.

Mead Johnson Nutrition Co'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
=481.5/1455.3*365
=120.76

Mead Johnson Nutrition Co's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=474.8/333.7*365 / 4
=129.83

* 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.

Mead Johnson Nutrition Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 51.9364.0667.10135.30116.14130.78123.42135.35109.96120.76

Mead Johnson Nutrition Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 116.09108.23108.66114.62133.57118.43122.52124.41124.96129.83
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