Switch to:
GuruFocus has detected 4 Warning Signs with Wright Medical Group NV $WMGI.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Wright Medical Group NV (NAS:WMGI)
Days Payable
59.29 (As of Dec. 2016)

Wright Medical Group NV's payable for the three months ended in Dec. 2016 was $32.9 Mil. Wright Medical Group NV's cost of goods sold for the three months ended in Dec. 2016 was $50.6 Mil. Hence, Wright Medical Group NV's days payable for the three months ended in Dec. 2016 was 59.29.

WMGI' s Days Payable Range Over the Past 10 Years
Min: 51.36   Max: 156.08
Current: 60.57

51.36
156.08

During the past 9 years, Wright Medical Group NV's highest Days Payable was 156.08. The lowest was 51.36. And the median was 83.39.

WMGI's Days Payable is ranked higher than
52% of the 229 Companies
in the Global Medical Devices industry.

( Industry Median: 57.49 vs. WMGI: 60.57 )

Wright Medical Group NV's days payable increased from Dec. 2015 (56.61) to Dec. 2016 (59.29). It may suggest that Wright Medical Group NV 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.

Wright Medical Group NV's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=32.866/192.407*365
=62.35

Wright Medical Group NV's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=32.866/50.583*365 / 4
=59.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Wright Medical Group NV Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 0.00156.0886.0074.1758.5951.36105.8983.3999.2862.35

Wright Medical Group NV Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 72.30132.4979.1687.0160.5956.6153.7052.3349.7959.29
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)
FEEDBACK