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Array BioPharma Inc  (NAS:ARRY) Days Payable: 78.09 (As of Jun. 2017)

Array BioPharma Inc's payable for the three months ended in Jun. 2017 was $8.6 Mil. Array BioPharma Inc's Cost of Goods Sold for the three months ended in Jun. 2017 was $10.1 Mil. Hence, Array BioPharma Inc's days payable for the three months ended in Jun. 2017 was 78.09.

NAS:ARRY' s Days Payable Range Over the Past 10 Years
Min: 37.58   Max: 159.87
Current: 89.06

37.58
159.87

During the past 13 years, Array BioPharma Inc's highest Days Payable was 159.87. The lowest was 37.58. And the median was 76.12.

NAS:ARRY's Days Payable is ranked higher than
69% of the 424 Companies
in the Global industry.

( Industry Median: 54.11 vs. NAS:ARRY: 89.06 )

Array BioPharma Inc's days payable declined from Jun. 2016 (170.08) to Jun. 2017 (78.09). It may suggest that Array BioPharma Inc accelerated paying its suppliers.


Historical Data

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

* Premium members only.

Array BioPharma Inc Annual Data

Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.48 55.21 37.58 159.87 89.06

Array BioPharma Inc Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 170.08 61.08 65.25 95.25 78.09

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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.

Array BioPharma Inc's Days Payable for the fiscal year that ended in Jun. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.636/35.395*365
=89.06

Array BioPharma Inc's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.636/10.092*365 / 4
=78.09

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


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