McKesson Europe AG (McKesson Europe AG) Days Payable : 97.07 (As of Mar. 2022)

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What is McKesson Europe AG Days Payable?

McKesson Europe AG's average Accounts Payable for the six months ended in Mar. 2022 was $2,476 Mil. McKesson Europe AG's Cost of Goods Sold for the six months ended in Mar. 2022 was $9,310 Mil. Hence, McKesson Europe AG's Days Payable for the six months ended in Mar. 2022 was 48.54.

The historical rank and industry rank for McKesson Europe AG's Days Payable or its related term are showing as below:

CAKFY's Days Payable is not ranked ^*
in the Medical Distribution industry.
Industry Median: 74.64
* Ranked among companies with meaningful Days Payable only.

McKesson Europe AG's Days Payable increased from Mar. 2020 (74.49) to Mar. 2022 (97.07). It may suggest that McKesson Europe AG delayed paying its suppliers.

McKesson Europe AG Days Payable Historical Data

The historical data trend for McKesson Europe AG'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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McKesson Europe AG Days Payable Chart

McKesson Europe AG Annual Data

Trend

Dec12

Dec13

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Payable

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49.18

75.10

74.49

137.57

97.07

McKesson Europe AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22
Days Payable	Get a 7-Day Free Trial															49.18	75.10	74.49	137.57	97.07

Competitive Comparison of McKesson Europe AG's Days Payable

For the Medical Distribution subindustry, McKesson Europe AG'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.

McKesson Europe AG's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, McKesson Europe AG's Days Payable distribution charts can be found below:

* The bar in red indicates where McKesson Europe AG's Days Payable falls into.

McKesson Europe AG 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.

McKesson Europe AG's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (3471.429	+	1480.617)	/	2 )	/	9309.802	*	365
=	2476.023					/	9309.802	*	365
=	97.07

McKesson Europe AG's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

	Days Payable (Q: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2021 )	+	Accounts Payable (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (3471.429	+	1480.617)	/	2 )	/	9309.802	*	365 / 2
=	2476.023					/	9309.802	*	365 / 2
=	48.54

McKesson Europe AG Days Payable Related Terms

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McKesson Europe AG (McKesson Europe AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » McKesson Europe AG (OTCPK:CAKFY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stockholmer Platz 1, Stuttgart, BW, DEU, 70137

Website

https://www.mckesson.eu

McKesson Europe AG is a medical care company that provides logistics and services to the pharmaceutical and healthcare sectors. The company operates two distinct segments: Pharmaceutical Distribution and Retail Pharmacy. The Pharmaceutical Distribution business sells wholesale pharmaceutical products and generates the majority of the company's revenue. The Retail Pharmacy segment operates its own pharmacies in addition to franchise pharmacies that provide prescriptions and over-the-counter pharmaceutical products. Geographically, the company's revenue derives predominantly from the United Kingdom, France, Germany, and other countries.

McKesson Europe AG (McKesson Europe AG) Headlines

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