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Merus Labs International Inc (NAS:MSLI)
Days Payable
10.98 (As of Dec. 2013)

Merus Labs International Inc's payable for the three months ended in Dec. 2013 was $0.69 Mil. Merus Labs International Inc's revenue for the three months ended in Dec. 2013 was $5.72 Mil. Hence, Merus Labs International Inc's days payable for the three months ended in Dec. 2013 was 10.98.

Merus Labs International Inc's days payable increased from Dec. 2012 (1.91) to Dec. 2013 (10.98). 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 Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=0.69012797075/5.71937842779*91
=10.98

* 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

Nov11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 17.27469.8853.0952.780.001.913.594.506.5610.98
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