Omnicare (FRA:OMN) Days Payable : 21.03 (As of Jun. 2015)

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What is Omnicare Days Payable?

Omnicare's average Accounts Payable for the three months ended in Jun. 2015 was €283 Mil. Omnicare's Cost of Goods Sold for the three months ended in Jun. 2015 was €1,229 Mil. Hence, Omnicare's Days Payable for the three months ended in Jun. 2015 was 21.03.

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

FRA:OMN' s Days Payable Range Over the Past 10 Years
Min: 14.39 Med: 19.84 Max: 36.33
Current: 20.69

During the past 13 years, Omnicare's highest Days Payable was 36.33. The lowest was 14.39. And the median was 19.84.

FRA:OMN's Days Payable is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 61.58 vs FRA:OMN: 20.69

Omnicare's Days Payable increased from Jun. 2014 (17.18) to Jun. 2015 (21.03). It may suggest that Omnicare delayed paying its suppliers.

Omnicare Days Payable Historical Data

The historical data trend for Omnicare'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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Omnicare Days Payable Chart

Omnicare Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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17.85

19.23

18.46

15.49

13.96

Omnicare Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Days Payable	Get a 7-Day Free Trial															17.18	16.46	15.41	18.12	21.03

Competitive Comparison of Omnicare's Days Payable

For the Medical Care Facilities subindustry, Omnicare'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.

Omnicare's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Omnicare's Days Payable distribution charts can be found below:

* The bar in red indicates where Omnicare's Days Payable falls into.

Omnicare 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.

Omnicare's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (132.146	+	177.899)	/	2 )	/	4054.247	*	365
=	155.0225					/	4054.247	*	365
=	13.96

Omnicare's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

	Days Payable (Q: Jun. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2015 )	+	Accounts Payable (Q: Jun. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
=	( (302.926	+	263.694)	/	2 )	/	1229.032	*	365 / 4
=	283.31					/	1229.032	*	365 / 4
=	21.03

Omnicare Days Payable Related Terms

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Omnicare (FRA:OMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Omnicare Inc (FRA:OMN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.omnicare.com

Omnicare Inc was formed in 1981 in Delaware. It is a healthcare services company that specializes in the management of complex pharmaceutical care. The Company operates two primary businesses, Long-Term Care Group and Specialty Care Group. Through Long-Term Care Group, the Company provides pharmaceuticals and related pharmacy services to long-term care facilities as well as chronic care facilities and other settings. Through Specialty Care Group, the Company provides specialty pharmacy and commercialization services for the biopharmaceutical industry. The Company's businesses engage in an ongoing program for the development and marketing of new services. The Company serves long-term care institutions and other chronic care settings in approximately 47 states in the U.S. and the District of Columbia. The Company's largest competitor nationally is PharMerica Corporation. It also competes with numerous local and regional institutional pharmacies, pharmacies owned by long-term care facilities and local retail pharmacies. The Company is subject to extensive federal, state and local regulation.