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Biogen Days Payable

: 72.25 (As of Jun. 2019)
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Biogen's payable for the three months ended in Jun. 2019 was USD 377 Mil. Biogen's Cost of Goods Sold for the three months ended in Jun. 2019 was USD 476 Mil. Hence, Biogen's days payable for the three months ended in Jun. 2019 was 72.25.

NAS:BIIB' s Days Payable Range Over the Past 10 Years
Min: 67.88   Max: 148.21
Current: 67.88

67.88
148.21

During the past 13 years, Biogen's highest Days Payable was 148.21. The lowest was 67.88. And the median was 91.08.

NAS:BIIB's Days Payable is ranked lower than
57% of the 884 Companies
in the Drug Manufacturers industry.

( Industry Median: 77.72 vs. NAS:BIIB: 67.88 )

Biogen's days payable increased from Jun. 2018 (64.09) to Jun. 2019 (72.25). It may suggest that Biogen delayed paying its suppliers.


Biogen Days Payable 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.

Biogen Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.44 78.69 69.07 88.56 74.45

Biogen Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 64.09 67.78 69.21 57.30 72.25

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.


Biogen Days Payable Distribution

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



Biogen Days Payable 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.

Biogen's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=370.5/1816.3*365
=74.45

Biogen's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=377.1/476.3*365 / 4
=72.25

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


Biogen Days Payable Related Terms


Biogen Days Payable Headlines

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