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Pfizer Inc (NYSE:PFE)
Days Payable
100.02 (As of Mar. 2016)

Pfizer Inc's payable for the three months ended in Mar. 2016 was $3,125 Mil. Pfizer Inc's cost of goods sold for the three months ended in Mar. 2016 was $2,851 Mil. Hence, Pfizer Inc's days payable for the three months ended in Mar. 2016 was 100.02.

PFE' s Days Payable Range Over the Past 10 Years
Min: 73.72   Max: 179.46
Current: 107

73.72
179.46

During the past 13 years, Pfizer Inc's highest Days Payable was 179.46. The lowest was 73.72. And the median was 95.27.

PFE's Days Payable is ranked higher than
71% of the 589 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 71.47 vs. PFE: 107.00 )

Pfizer Inc's days payable declined from Mar. 2015 (135.24) to Mar. 2016 (100.02). It may suggest that Pfizer Inc 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.

Pfizer Inc'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
=3620/9648*365
=136.95

Pfizer Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3125/2851*365 / 4
=100.02

* 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.

Pfizer Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 96.4673.7278.79179.4690.2788.9994.07123.14122.34136.95

Pfizer Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 105.62113.61110.82114.56108.41135.24122.64135.4696.87100.02
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