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Parexel International Corp (NAS:PRXL)
Days Payable
11.46 (As of Mar. 2016)

Parexel International Corp's payable for the three months ended in Mar. 2016 was $53 Mil. Parexel International Corp's cost of goods sold for the three months ended in Mar. 2016 was $422 Mil. Hence, Parexel International Corp's days payable for the three months ended in Mar. 2016 was 11.46.

PRXL' s Days Payable Range Over the Past 10 Years
Min: 7.12   Max: 17.88
Current: 11.42

7.12
17.88

During the past 13 years, Parexel International Corp's highest Days Payable was 17.88. The lowest was 7.12. And the median was 13.37.

PRXL's Days Payable is ranked lower than
92% of the 149 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 58.55 vs. PRXL: 11.42 )

Parexel International Corp's days payable declined from Mar. 2015 (13.35) to Mar. 2016 (11.46). It may suggest that Parexel International Corp 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.

Parexel International Corp's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=81.242/1658.446*365
=17.88

Parexel International Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=53/422.1*365 / 4
=11.46

* 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.

Parexel International Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 7.129.9013.2613.5711.4915.5313.4715.1117.880.00

Parexel International Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 12.6915.0615.7010.1713.3516.7612.3812.2611.460.00
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