Johnson & Johnson (LIM:JNJ) Days Payable

: 120.72 (As of Dec. 2023)

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Johnson & Johnson's average Accounts Payable for the three months ended in Dec. 2023 was $8,994 Mil. Johnson & Johnson's Cost of Goods Sold for the three months ended in Dec. 2023 was $6,798 Mil. Hence, Johnson & Johnson's Days Payable for the three months ended in Dec. 2023 was 120.72.

The historical rank and industry rank for Johnson & Johnson's Days Payable or its related term are showing as below:

LIM:JNJ' s Days Payable Range Over the Past 10 Years
Min: 100.02 Med: 114.83 Max: 160.34
Current: 117.31

During the past 13 years, Johnson & Johnson's highest Days Payable was 160.34. The lowest was 100.02. And the median was 114.83.

LIM:JNJ's Days Payable is ranked better than
65.27% of 979 companies
in the Drug Manufacturers industry
Industry Median: 87.01 vs LIM:JNJ: 117.31

Johnson & Johnson's Days Payable declined from Dec. 2022 (150.30) to Dec. 2023 (120.72). It may suggest that Johnson & Johnson accelerated paying its suppliers.

Johnson & Johnson Days Payable Historical Data

The historical data trend for Johnson & Johnson's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Johnson & Johnson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

106.50

115.87

160.34

155.40

134.17

Johnson & Johnson Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																150.30	107.60	113.07	129.83	120.72

Competitive Comparison

For the Drug Manufacturers - General subindustry, Johnson & Johnson's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Johnson & Johnson Days Payable Distribution

For the Drug Manufacturers industry and Healthcare sector, Johnson & Johnson's Days Payable distribution charts can be found below:

* The bar in red indicates where Johnson & Johnson's Days Payable falls into.

Johnson & Johnson Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Johnson & Johnson's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (9889	+	9632)	/	2 )	/	26553	*	365
=	9760.5					/	26553	*	365
=	134.17

Johnson & Johnson's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8355	+	9632)	/	2 )	/	6798	*	365 / 4
=	8993.5					/	6798	*	365 / 4
=	120.72

Johnson & Johnson Days Payable Related Terms

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Johnson & Johnson (LIM:JNJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Johnson & Johnson (LIM:JNJ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JNJ:USA JNJ:Mexico JNJ_KZ:Kazakhstan 1JNJ:Italy JNJd:UK 0R34:UK JNJ:Germany JNJ:Canada JNJB34:Brazil JNJ:Austria JNJ:Argentina

Address

One Johnson and Johnson Plaza, New Brunswick, NJ, USA, 08933

Website

https://www.jnj.com

Johnson & Johnson is the world's largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women's health. The consumer group is being divested in 2023 under the new name Kenvue. Geographically, just over half of total revenue is generated in the United States.