Switch to:
Varian Medical Systems Inc (NYSE:VAR)
Days Payable
21.10 (As of Jun. 2014)

Varian Medical Systems Inc's payable for the three months ended in Jun. 2014 was $173 Mil. Varian Medical Systems Inc's revenue for the three months ended in Jun. 2014 was $748 Mil. Hence, Varian Medical Systems Inc's days payable for the three months ended in Jun. 2014 was 21.10.

Varian Medical Systems Inc's days payable declined from Jun. 2013 (22.17) to Jun. 2014 (21.10). It may suggest that Varian Medical Systems Inc 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.

Varian Medical Systems Inc's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=234.272/2942.897*365
=29.06

Varian Medical Systems Inc's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=173.359/747.685*91
=21.10

* 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

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysPayable 17.6218.7517.8119.2618.5719.1418.4326.6331.7329.06

Varian Medical Systems Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 18.0219.0029.3719.4721.3022.1727.6922.6219.9121.10
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)
Free 7-day Trial
FEEDBACK