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Mylan NV (NAS:MYL)
Days Payable
66.85 (As of Jun. 2016)

Mylan NV's payable for the three months ended in Jun. 2016 was $1,018 Mil. Mylan NV's cost of goods sold for the three months ended in Jun. 2016 was $1,389 Mil. Hence, Mylan NV's days payable for the three months ended in Jun. 2016 was 66.85.

MYL' s Days Payable Range Over the Past 10 Years
Min: 44.56   Max: 101.21
Current: 67.76

44.56
101.21

During the past 13 years, Mylan NV's highest Days Payable was 101.21. The lowest was 44.56. And the median was 72.50.

MYL's Days Payable is ranked higher than
50% of the 526 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 67.81 vs. MYL: 67.76 )

Mylan NV's days payable declined from Jun. 2015 (73.73) to Jun. 2016 (66.85). It may suggest that Mylan NV accelerated 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.

Mylan NV'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
=1109.6/5213.2*365
=77.69

Mylan NV's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1017.6/1389*365 / 4
=66.85

* 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.

Mylan NV Annual Data

Mar06Mar07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 44.5676.1669.7062.6763.7571.9773.03101.2178.8677.69

Mylan NV Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 86.6585.3973.0574.2087.3473.7381.7570.9076.4666.85
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