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GuruFocus has detected 6 Warning Signs with Parexel International Corp $PRXL.
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Parexel International Corp (NAS:PRXL)
Days Payable
13.17 (As of Mar. 2017)

Parexel International Corp's payable for the three months ended in Mar. 2017 was $61 Mil. Parexel International Corp's cost of goods sold for the three months ended in Mar. 2017 was $426 Mil. Hence, Parexel International Corp's days payable for the three months ended in Mar. 2017 was 13.17.

PRXL' s Days Payable Range Over the Past 10 Years
Min: 7.12   Max: 17.87
Current: 13.2

7.12
17.87

During the past 13 years, Parexel International Corp's highest Days Payable was 17.87. The lowest was 7.12. And the median was 13.49.

PRXL's Days Payable is ranked lower than
91% of the 183 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 59.24 vs. PRXL: 13.20 )

Parexel International Corp's days payable increased from Mar. 2016 (11.46) to Mar. 2017 (13.17). It may suggest that Parexel International Corp 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.

Parexel International Corp's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=62.6/1692.3*365
=13.50

Parexel International Corp's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=61.4/425.5*365 / 4
=13.17

* 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.

Parexel International Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 7.129.9013.2613.5711.4915.5313.4715.1117.8713.50

Parexel International Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 10.1713.3516.7512.3812.2611.4613.1113.0821.8013.17
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