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Merus Labs International Inc (NAS:MSLI)
Days Payable
12.80 (As of Jun. 2014)

Merus Labs International Inc's payable for the three months ended in Jun. 2014 was $0.94 Mil. Merus Labs International Inc's revenue for the three months ended in Jun. 2014 was $6.69 Mil. Hence, Merus Labs International Inc's days payable for the three months ended in Jun. 2014 was 12.80.

Merus Labs International Inc's days payable increased from Jun. 2013 (4.38) to Jun. 2014 (12.80). It may suggest that Merus Labs International Inc 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.

Merus Labs International Inc's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0.573359073359/27.3996138996*365
=7.64

Merus Labs International Inc's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=0.941340782123/6.68994413408*91
=12.80

* 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.

Merus Labs International Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysPayable 164.9644.53184.3562.240.000.000.000.000.007.64

Merus Labs International Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 53.0952.780.001.723.854.385.9210.9812.5012.80
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