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Globus Medical Days Payable

: 49.26 (As of Jun. 2019)
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Globus Medical's payable for the three months ended in Jun. 2019 was $23.7 Mil. Globus Medical's Cost of Goods Sold for the three months ended in Jun. 2019 was $44.0 Mil. Hence, Globus Medical's days payable for the three months ended in Jun. 2019 was 49.26.

NYSE:GMED' s Days Payable Range Over the Past 10 Years
Min: 34.49   Max: 70.06
Current: 51.09

34.49
70.06

During the past 9 years, Globus Medical's highest Days Payable was 70.06. The lowest was 34.49. And the median was 53.32.

NYSE:GMED's Days Payable is ranked lower than
66% of the 311 Companies
in the Medical Devices industry.

( Industry Median: 76.11 vs. NYSE:GMED: 51.09 )

Globus Medical's days payable declined from Jun. 2018 (50.25) to Jun. 2019 (49.26). It may suggest that Globus Medical accelerated paying its suppliers.


Globus Medical 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.

Globus Medical Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.06 44.05 47.34 60.74 59.29

Globus Medical 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 50.25 55.60 51.42 54.59 49.26

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.


Globus Medical Days Payable Distribution

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



Globus Medical 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.

Globus Medical'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
=25.895/159.41*365
=59.29

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=23.745/43.99*365 / 4
=49.26

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


Globus Medical Days Payable Related Terms


Globus Medical Days Payable Headlines

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