Bristol-Myers Squibb Co (XSWX:BMY) Days Payable

: 102.80 (As of Dec. 2023)

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Bristol-Myers Squibb Co's average Accounts Payable for the three months ended in Dec. 2023 was CHF2,674 Mil. Bristol-Myers Squibb Co's Cost of Goods Sold for the three months ended in Dec. 2023 was CHF2,374 Mil. Hence, Bristol-Myers Squibb Co's Days Payable for the three months ended in Dec. 2023 was 102.80.

The historical rank and industry rank for Bristol-Myers Squibb Co's Days Payable or its related term are showing as below:

XSWX:BMY' s Days Payable Range Over the Past 10 Years
Min: 79.96 Med: 112.33 Max: 234.21
Current: 104.96

During the past 13 years, Bristol-Myers Squibb Co's highest Days Payable was 234.21. The lowest was 79.96. And the median was 112.33.

XSWX:BMY's Days Payable is ranked better than
60.27% of 979 companies
in the Drug Manufacturers industry
Industry Median: 86.3 vs XSWX:BMY: 104.96

Bristol-Myers Squibb Co's Days Payable increased from Dec. 2022 (101.19) to Dec. 2023 (102.80). It may suggest that Bristol-Myers Squibb Co delayed paying its suppliers.

Bristol-Myers Squibb Co Days Payable Historical Data

The historical data trend for Bristol-Myers Squibb Co's Days Payable can be seen below:

* 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.

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Bristol-Myers Squibb Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.39

83.98

102.19

107.22

111.51

Bristol-Myers Squibb Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															101.19	111.20	100.77	107.14	102.80

Competitive Comparison

For the Drug Manufacturers - General subindustry, Bristol-Myers Squibb Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* 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.

Bristol-Myers Squibb Co Days Payable Distribution

For the Drug Manufacturers industry and Healthcare sector, Bristol-Myers Squibb Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bristol-Myers Squibb Co's Days Payable falls into.

Bristol-Myers Squibb Co 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.

Bristol-Myers Squibb Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2832.064	+	2818.383)	/	2 )	/	9247.307	*	365
=	2825.2235					/	9247.307	*	365
=	111.51

Bristol-Myers Squibb Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2530.575	+	2818.383)	/	2 )	/	2373.876	*	365 / 4
=	2674.479					/	2373.876	*	365 / 4
=	102.80

Bristol-Myers Squibb Co Days Payable Related Terms

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Bristol-Myers Squibb Co (XSWX:BMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bristol-Myers Squibb Co (XSWX:BMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BMYMP.PFD:USA BMY:USA BMY:Peru BMY:Mexico 1BMY:Italy BRMd:UK 0R1F:UK BRM:Germany BMYB34:Brazil BMYS:Austria BMY:Argentina

Address

430 East 29th Street, 14th Floor, New York, NY, USA, 10016

Website

https://www.bms.com

Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the U.S., showing a higher dependence on the U.S. market than most of its peer group.