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Eli Lilly and Co (MEX:LLY) Days Payable : 117.86 (As of Sep. 2024)


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What is Eli Lilly and Co Days Payable?

Eli Lilly and Co's average Accounts Payable for the three months ended in Sep. 2024 was MXN55,209 Mil. Eli Lilly and Co's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN42,744 Mil. Hence, Eli Lilly and Co's Days Payable for the three months ended in Sep. 2024 was 117.86.

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

MEX:LLY' s Days Payable Range Over the Past 10 Years
Min: 81.79   Med: 99.69   Max: 124.61
Current: 124.61

During the past 13 years, Eli Lilly and Co's highest Days Payable was 124.61. The lowest was 81.79. And the median was 99.69.

MEX:LLY's Days Payable is ranked better than
68.52% of 953 companies
in the Drug Manufacturers industry
Industry Median: 85.16 vs MEX:LLY: 124.61

Eli Lilly and Co's Days Payable declined from Sep. 2023 (119.46) to Sep. 2024 (117.86). It may suggest that Eli Lilly and Co accelerated paying its suppliers.


Eli Lilly and Co Days Payable Historical Data

The historical data trend for Eli Lilly and 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.

* Premium members only.

Eli Lilly and Co Days Payable Chart

Eli Lilly and Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.90 97.82 80.57 101.53 124.11

Eli Lilly and Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.46 130.08 139.91 108.60 117.86

Competitive Comparison of Eli Lilly and Co's Days Payable

For the Drug Manufacturers - General subindustry, Eli Lilly and 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.


Eli Lilly and Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eli Lilly and Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Eli Lilly and Co's Days Payable falls into.



Eli Lilly and 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.

Eli Lilly and 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
=( (37638.978 + 44112.676) / 2 ) / 120215.019*365
=40875.827 / 120215.019*365
=124.11

Eli Lilly and Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (53582.637 + 56836.051) / 2 ) / 42743.703*365 / 4
=55209.344 / 42743.703*365 / 4
=117.86

* 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.


Eli Lilly and Co Days Payable Related Terms

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Eli Lilly and Co Business Description

Address
Lilly Corporate Center, Indianapolis, IN, USA, 46285
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio for cancer; Mounjaro, Zepbound, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.