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GuruFocus has detected 5 Warning Signs with Mylan NV $MYL.
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Mylan NV (NAS:MYL)
Days Payable
44.36 (As of Dec. 2016)

Mylan NV's payable for the three months ended in Dec. 2016 was $940 Mil. Mylan NV's cost of goods sold for the three months ended in Dec. 2016 was $1,933 Mil. Hence, Mylan NV's days payable for the three months ended in Dec. 2016 was 44.36.

MYL' s Days Payable Range Over the Past 10 Years
Min: 50.24   Max: 101.21
Current: 53.75

50.24
101.21

During the past 13 years, Mylan NV's highest Days Payable was 101.21. The lowest was 50.24. And the median was 70.84.

MYL's Days Payable is ranked lower than
65% of the 586 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 70.53 vs. MYL: 53.75 )

Mylan NV's days payable declined from Dec. 2015 (45.85) to Dec. 2016 (44.36). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=939.5/6379.9*365
=53.75

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=939.5/1932.8*365 / 4
=44.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Mylan NV Annual Data

Mar07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 76.1669.7062.6763.7571.9773.03101.2178.8650.2453.75

Mylan NV Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 73.0574.2087.3473.7381.7545.8576.4666.8564.5644.36
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