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Biogen Days Payable

: 79.97 (As of Jun. 2021)
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Biogen's average Accounts Payable for the three months ended in Jun. 2021 was $403 Mil. Biogen's Cost of Goods Sold for the three months ended in Jun. 2021 was $460 Mil. Hence, Biogen's Days Payable for the three months ended in Jun. 2021 was 79.97.

NAS:BIIB' s Days Payable Range Over the Past 10 Years
Min: 67.53   Med: 80.55   Max: 136.44
Current: 79.43

67.53
136.44

During the past 13 years, Biogen's highest Days Payable was 136.44. The lowest was 67.53. And the median was 80.55.

NAS:BIIB's Days Payable is ranked lower than
55% of the 976 Companies
in the Drug Manufacturers industry.

( Industry Median: 89.11 vs. NAS:BIIB: 79.43 )

Biogen's Days Payable declined from Jun. 2020 (85.78) to Jun. 2021 (79.97). It may suggest that Biogen accelerated paying its suppliers.


Biogen Days Payable Historical Data

* 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.

Biogen Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.53 75.61 76.97 84.12 99.65

Biogen Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 85.78 79.48 79.36 84.48 79.97

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

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 cost of goods sold 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. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (530.8 + 454.9) / 2 ) / 1805.2*365
=492.85 / 1805.2*365
=99.65

Biogen's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (430.4 + 375.3) / 2 ) / 459.7*365 / 4
=402.85 / 459.7*365 / 4
=79.97

* 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.


Biogen Days Payable Related Terms


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