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Valeant Pharmaceuticals International Inc (NYSE:VRX)
Days Payable
59.08 (As of Jun. 2016)

Valeant Pharmaceuticals International Inc's payable for the three months ended in Jun. 2016 was $426 Mil. Valeant Pharmaceuticals International Inc's cost of goods sold for the three months ended in Jun. 2016 was $658 Mil. Hence, Valeant Pharmaceuticals International Inc's days payable for the three months ended in Jun. 2016 was 59.08.

VRX' s Days Payable Range Over the Past 10 Years
Min: 57.78   Max: 120.5
Current: 57.78

57.78
120.5

During the past 13 years, Valeant Pharmaceuticals International Inc's highest Days Payable was 120.50. The lowest was 57.78. And the median was 80.02.

VRX's Days Payable is ranked lower than
60% of the 526 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 67.81 vs. VRX: 57.78 )

Valeant Pharmaceuticals International Inc's days payable increased from Jun. 2015 (55.38) to Jun. 2016 (59.08). It may suggest that Valeant Pharmaceuticals International 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.

Valeant Pharmaceuticals International Inc'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
=433.7/2584.7*365
=61.25

Valeant Pharmaceuticals International Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=425.9/657.8*365 / 4
=59.08

* 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.

Valeant Pharmaceuticals International Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 77.7782.2776.03120.5091.1582.6585.5962.6564.9761.25

Valeant Pharmaceuticals International Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 69.0551.0652.6163.5761.6055.3867.1258.4863.4759.08
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