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Valeant Pharmaceuticals International Inc (NYSE:VRX)
Days Payable
67.12 (As of Sep. 2015)

Valeant Pharmaceuticals International Inc's payable for the three months ended in Sep. 2015 was $477 Mil. Valeant Pharmaceuticals International Inc's cost of goods sold for the three months ended in Sep. 2015 was $648 Mil. Hence, Valeant Pharmaceuticals International Inc's days payable for the three months ended in Sep. 2015 was 67.12.

VRX' s Days Payable Range Over the Past 10 Years
Min: 62.65   Max: 120.5
Current: 94.92

62.65
120.5

During the past 13 years, Valeant Pharmaceuticals International Inc's highest Days Payable was 120.50. The lowest was 62.65. And the median was 80.71.

VRX's Days Payable is ranked higher than
66% of the 558 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 72.59 vs. VRX: 94.92 )

Valeant Pharmaceuticals International Inc's days payable increased from Sep. 2014 (52.61) to Sep. 2015 (67.12). 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=398/2254.6*365
=64.43

Valeant Pharmaceuticals International 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
=476.8/648.2*365 / 4
=67.12

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 111.4177.7782.2776.03120.5091.1579.1585.5962.6564.43

Valeant Pharmaceuticals International Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 87.2265.5140.7769.0551.0652.6161.5855.9755.3867.12
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