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Parexel International Corp (NAS:PRXL)
Days Payable
13.35 (As of Jun. 2014)

Parexel International Corp's payable for the three months ended in Jun. 2014 was $86 Mil. Parexel International Corp's revenue for the three months ended in Jun. 2014 was $585 Mil. Hence, Parexel International Corp's days payable for the three months ended in Jun. 2014 was 13.35.

Parexel International Corp's days payable increased from Jun. 2013 (9.37) to Jun. 2014 (13.35). It may suggest that Parexel International Corp 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.

Parexel International Corp's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=54.232/1995.966*365
=9.92

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

Days Payable=Payable/Revenue*Days in Period
=85.867/585.124*91
=13.35

* 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

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
DaysPayable 8.827.848.255.157.059.2610.168.1412.289.92

Parexel International Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 10.9210.8212.109.218.449.378.8911.019.8213.35
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