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Zimmer Holdings Inc (NYSE:ZMH)
Days Payable
48.73 (As of Dec. 2014)

Zimmer Holdings Inc's payable for the three months ended in Dec. 2014 was $167 Mil. Zimmer Holdings Inc's cost of goods sold for the three months ended in Dec. 2014 was $313 Mil. Hence, Zimmer Holdings Inc's days payable for the three months ended in Dec. 2014 was 48.73.

Zimmer Holdings Inc's days payable increased from Mar. 2014 (46.40) to Dec. 2014 (48.73). It may suggest that Zimmer Holdings 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.

Zimmer Holdings Inc's Days Payable for the fiscal year that ended in May. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=135.3/1040.2*365
=47.48

Zimmer Holdings Inc's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=167.1/312.9*365 / 4
=48.73

* 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.

Zimmer Holdings Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13May14
DaysPayable 61.0173.9372.5568.2249.5946.7346.6259.7241.5247.48

Zimmer Holdings Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14May14Jun14Sep14Dec14
DaysPayable 56.2054.3046.5840.6939.1746.400.0047.0545.6148.73
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