Switch to:
Varian Medical Systems Inc (NYSE:VAR)
Days Payable
37.06 (As of Sep. 2015)

Varian Medical Systems Inc's payable for the three months ended in Sep. 2015 was $203 Mil. Varian Medical Systems Inc's cost of goods sold for the three months ended in Sep. 2015 was $500 Mil. Hence, Varian Medical Systems Inc's days payable for the three months ended in Sep. 2015 was 37.06.

VAR' s Days Payable Range Over the Past 10 Years
Min: 30.46   Max: 41.88
Current: 34.27

30.46
41.88

During the past 13 years, Varian Medical Systems Inc's highest Days Payable was 41.88. The lowest was 30.46. And the median was 36.26.

VAR's Days Payable is ranked lower than
77% of the 256 Companies
in the Global Medical Devices industry.

( Industry Median: 59.85 vs. VAR: 34.27 )

Varian Medical Systems Inc's days payable increased from Sep. 2014 (36.22) to Sep. 2015 (37.06). It may suggest that Varian Medical Systems 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.

Varian Medical Systems Inc's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=202.918/1816.419*365
=40.78

Varian Medical Systems Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=202.918/499.67*365 / 4
=37.06

* 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.

Varian Medical Systems Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 30.4633.0632.2333.8032.6438.7240.9641.8839.1240.78

Varian Medical Systems Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 40.1640.1534.5337.3136.2231.7234.2735.1137.0635.48
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)

GuruFocus Premium Plus Membership

FEEDBACK