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Sanofi (NYSE:SNY)
Days Payable
109.55 (As of Dec. 2014)

Sanofi's payable for the three months ended in Dec. 2014 was $4,502 Mil. Sanofi's cost of goods sold for the three months ended in Dec. 2014 was $3,750 Mil. Hence, Sanofi's days payable for the three months ended in Dec. 2014 was 109.55.

Sanofi's days payable declined from Dec. 2012 (316.51) to Dec. 2014 (109.55). It may suggest that Sanofi 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.

Sanofi's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4501.84956843/13599.2601726*365
=120.83

Sanofi's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4501.84956843/3749.69173859*365 / 4
=109.55

* 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.

Sanofi Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 154.05144.72132.53138.85122.93117.24106.93104.9299.73120.83

Sanofi Quarterly Data

Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14Dec14
DaysPayable 126.45110.3299.61105.39109.65316.51111.63306.80112.94109.55
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