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GuruFocus has detected 5 Warning Signs with Mead Johnson Nutrition Co $MJN.
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Mead Johnson Nutrition Co (NYSE:MJN)
Days Payable
148.12 (As of Mar. 2017)

Mead Johnson Nutrition Co's payable for the three months ended in Mar. 2017 was $536 Mil. Mead Johnson Nutrition Co's cost of goods sold for the three months ended in Mar. 2017 was $330 Mil. Hence, Mead Johnson Nutrition Co's days payable for the three months ended in Mar. 2017 was 148.12.

MJN' s Days Payable Range Over the Past 10 Years
Min: 64.06   Max: 147.81
Current: 147.81

64.06
147.81

During the past 13 years, Mead Johnson Nutrition Co's highest Days Payable was 147.81. The lowest was 64.06. And the median was 122.09.

MJN's Days Payable is ranked higher than
89% of the 1023 Companies
in the Global Packaged Foods industry.

( Industry Median: 45.59 vs. MJN: 147.81 )

Mead Johnson Nutrition Co's days payable increased from Mar. 2016 (124.41) to Mar. 2017 (148.12). It may suggest that Mead Johnson Nutrition Co 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.

Mead Johnson Nutrition Co'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
=515.8/1341*365
=140.39

Mead Johnson Nutrition Co's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=536/330.2*365 / 4
=148.12

* 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.

Mead Johnson Nutrition Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 64.0667.10135.30116.14130.78123.42135.35109.96120.76140.39

Mead Johnson Nutrition Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 108.66114.62133.57118.43122.52124.41124.96129.83144.16148.12
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