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Parexel International Corp (NAS:PRXL)
Days Accounts Payable
15.70 (As of Sep. 2014)

Parexel International Corp's accounts payable for the three months ended in Sep. 2014 was $69 Mil. Parexel International Corp's cost of goods sold for the three months ended in Sep. 2014 was $401 Mil. Hence, Parexel International Corp's days accounts payable for the three months ended in Sep. 2014 was 15.70.

Parexel International Corp's days accounts payable increased from Sep. 2013 (12.32) to Sep. 2014 (15.70). It may suggest that Parexel International Corp delayed paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Parexel International Corp's Days Accounts Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=66.483/1606.16*365
=15.11

Parexel International Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=68.941/400.812*365 / 4
=15.70

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


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

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Days Accts Payable 10.8111.387.129.9013.2613.7911.6215.5313.4715.11

Parexel International Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 13.4214.4512.3211.6313.0712.3214.4812.6915.0615.70
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