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GuruFocus has detected 4 Warning Signs with Pfizer Inc $PFE.
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Pfizer Inc (NYSE:PFE)
Days Payable
125.35 (As of Mar. 2017)

Pfizer Inc's payable for the three months ended in Mar. 2017 was $3,393 Mil. Pfizer Inc's cost of goods sold for the three months ended in Mar. 2017 was $2,470 Mil. Hence, Pfizer Inc's days payable for the three months ended in Mar. 2017 was 125.35.

PFE' s Days Payable Range Over the Past 10 Years
Min: 73.72   Max: 179.46
Current: 103.66

73.72
179.46

During the past 13 years, Pfizer Inc's highest Days Payable was 179.46. The lowest was 73.72. And the median was 115.45.

PFE's Days Payable is ranked higher than
70% of the 597 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 70.86 vs. PFE: 103.66 )

Pfizer Inc's days payable increased from Mar. 2016 (100.02) to Mar. 2017 (125.35). It may suggest that Pfizer Inc 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.

Pfizer Inc'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
=4536/12329*365
=134.29

Pfizer Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3393/2470*365 / 4
=125.35

* 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.

Pfizer Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 73.7278.79179.4699.37107.40108.56123.14122.34136.95134.29

Pfizer Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 108.41135.24122.64135.4696.87100.0293.75102.82128.62125.35
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