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Mylan Inc (NAS:MYL)
Days Payable
56.49 (As of Dec. 2013)

Mylan Inc's payable for the three months ended in Dec. 2013 was $1,123 Mil. Mylan Inc's revenue for the three months ended in Dec. 2013 was $1,809 Mil. Hence, Mylan Inc's days payable for the three months ended in Dec. 2013 was 56.49.

Mylan Inc's days payable increased from Dec. 2012 (42.87) to Dec. 2013 (56.49). It may suggest that Mylan 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.

Mylan Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1122.587/6909.143*365
=59.30

Mylan Inc's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1122.587/1808.526*91
=56.49

* 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 Inc Annual Data

Mar04Mar05Mar06Mar07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 13.3922.7522.3136.3048.1642.1038.8344.4343.5959.30

Mylan Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 33.9844.3441.4039.6937.4842.8743.8449.6248.9256.49
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