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GuruFocus has detected 2 Warning Signs with Allergan PLC $AGN.
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Allergan PLC (NYSE:AGN)
Days Payable
59.20 (As of Mar. 2017)

Allergan PLC's payable for the three months ended in Mar. 2017 was $292 Mil. Allergan PLC's cost of goods sold for the three months ended in Mar. 2017 was $450 Mil. Hence, Allergan PLC's days payable for the three months ended in Mar. 2017 was 59.20.

AGN' s Days Payable Range Over the Past 10 Years
Min: 28.64   Max: 109.48
Current: 58.16

28.64
109.48

During the past 13 years, Allergan PLC's highest Days Payable was 109.48. The lowest was 28.64. And the median was 69.22.

AGN's Days Payable is ranked lower than
80% of the 586 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 70.53 vs. AGN: 58.16 )

Allergan PLC's days payable declined from Mar. 2016 (86.01) to Mar. 2017 (59.20). It may suggest that Allergan PLC 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.

Allergan PLC'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
=224.9/1860.8*365
=44.11

Allergan PLC's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=292.2/450.4*365 / 4
=59.20

* 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.

Allergan PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 96.5892.6160.1439.30107.500.00109.4869.2228.6444.11

Allergan PLC Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 0.0068.9096.5572.7032.7486.010.0058.5442.7859.20
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