Switch to:
Tenet Healthcare Corp (NYSE:THC)
Days Payable
37.58 (As of Jun. 2016)

Tenet Healthcare Corp's payable for the three months ended in Jun. 2016 was $1,272 Mil. Tenet Healthcare Corp's cost of goods sold for the three months ended in Jun. 2016 was $3,089 Mil. Hence, Tenet Healthcare Corp's days payable for the three months ended in Jun. 2016 was 37.58.

THC' s Days Payable Range Over the Past 10 Years
Min: 36.93   Max: 56.74
Current: 36.93

36.93
56.74

During the past 13 years, Tenet Healthcare Corp's highest Days Payable was 56.74. The lowest was 36.93. And the median was 48.85.

THC's Days Payable is ranked lower than
52% of the 148 Companies
in the Global Medical Care industry.

( Industry Median: 38.51 vs. THC: 36.93 )

Tenet Healthcare Corp's days payable increased from Jun. 2015 (36.25) to Jun. 2016 (37.58). It may suggest that Tenet Healthcare 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.

Tenet Healthcare Corp'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
=1380/11974*365
=42.07

Tenet Healthcare Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1272/3089*365 / 4
=37.58

* 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.

Tenet Healthcare Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 53.3056.7447.3349.7147.9849.8745.3755.3540.4042.07

Tenet Healthcare Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 36.4835.5536.1938.3435.6336.2536.5638.6334.8837.58
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK