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GuruFocus has detected 2 Warning Signs with Wright Medical Group NV $WMGI.
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Wright Medical Group NV (NAS:WMGI)
Days Payable
88.62 (As of Mar. 2017)

Wright Medical Group NV's payable for the three months ended in Mar. 2017 was $36.1 Mil. Wright Medical Group NV's cost of goods sold for the three months ended in Mar. 2017 was $37.1 Mil. Hence, Wright Medical Group NV's days payable for the three months ended in Mar. 2017 was 88.62.

WMGI' s Days Payable Range Over the Past 10 Years
Min: 51.36   Max: 156.08
Current: 71.97

51.36
156.08

During the past 9 years, Wright Medical Group NV's highest Days Payable was 156.08. The lowest was 51.36. And the median was 83.39.

WMGI's Days Payable is ranked higher than
51% of the 259 Companies
in the Global Medical Devices industry.

( Industry Median: 59.71 vs. WMGI: 71.97 )

Wright Medical Group NV's days payable increased from Mar. 2016 (60.20) to Mar. 2017 (88.62). It may suggest that Wright Medical Group NV 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.

Wright Medical Group NV'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
=32.866/192.407*365
=62.35

Wright Medical Group NV's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=36.057/37.126*365 / 4
=88.62

* 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.

Wright Medical Group NV Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 0.00156.0886.0074.1758.5951.36105.8983.3999.2862.35

Wright Medical Group NV Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 132.4979.1687.0160.5956.6160.2052.3349.7959.2988.62
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