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Thermo Fisher Scientific Inc (NYSE:TMO)
Days Payable
28.69 (As of Mar. 2014)

Thermo Fisher Scientific Inc's payable for the three months ended in Mar. 2014 was $1,231 Mil. Thermo Fisher Scientific Inc's revenue for the three months ended in Mar. 2014 was $3,904 Mil. Hence, Thermo Fisher Scientific Inc's days payable for the three months ended in Mar. 2014 was 28.69.

Thermo Fisher Scientific Inc's days payable increased from Mar. 2013 (18.84) to Mar. 2014 (28.69). It may suggest that Thermo Fisher Scientific Inc 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.

Thermo Fisher Scientific Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=691.5/13090.3*365
=19.28

Thermo Fisher Scientific Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1230.7/3903.5*91
=28.69

* 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.

Thermo Fisher Scientific Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 21.7021.2860.7225.3519.9020.2918.8819.3418.7119.28

Thermo Fisher Scientific Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 18.0420.5819.1120.1817.9118.8418.2219.1818.1528.69
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