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Mead Johnson Nutrition Co (NYSE:MJN)
Days Payable
122.52 (As of Dec. 2015)

Mead Johnson Nutrition Co's payable for the three months ended in Dec. 2015 was $482 Mil. Mead Johnson Nutrition Co's cost of goods sold for the three months ended in Dec. 2015 was $359 Mil. Hence, Mead Johnson Nutrition Co's days payable for the three months ended in Dec. 2015 was 122.52.

MJN' s Days Payable Range Over the Past 10 Years
Min: 51.93   Max: 135.35
Current: 120.76

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
86% of the 1081 Companies
in the Global Packaged Foods industry.

( Industry Median: 45.21 vs. MJN: 120.76 )

Mead Johnson Nutrition Co's days payable increased from Dec. 2014 (108.66) to Dec. 2015 (122.52). 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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=481.5/358.6*365 / 4
=122.52

* 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.

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

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 128.35129.56123.59116.09108.23108.66114.62133.57118.43122.52
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