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Mead Johnson Nutrition Co (NYSE:MJN)
Days Payable
56.46 (As of Jun. 2014)

Mead Johnson Nutrition Co's payable for the three months ended in Jun. 2014 was $689 Mil. Mead Johnson Nutrition Co's revenue for the three months ended in Jun. 2014 was $1,111 Mil. Hence, Mead Johnson Nutrition Co's days payable for the three months ended in Jun. 2014 was 56.46.

Mead Johnson Nutrition Co's days payable increased from Jun. 2013 (56.08) to Jun. 2014 (56.46). 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. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=692.2/4200.7*365
=60.15

Mead Johnson Nutrition Co's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=689.4/1111.1*91
=56.46

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.0020.5124.6632.2751.9547.8861.9457.2260.15

Mead Johnson Nutrition Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 49.7250.7052.4556.7356.5856.0857.3759.3957.6956.46
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