Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: TMFVerve Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8329  
Subject: Cash Conversion Cycles (WLA, PFE, SGP) Date: 11/2/1999 6:32 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Phil kindly crunched the numbers to get the following cash conversion cycles for three pharmaceutical Rule Makers:

I think these numbers speak volumes about who's really making the rules in this industry.
Warner Lambert

9/30/99 6/30/99 3/31/99 12/31/98 9/30/98 6/30/98 3/31/98 12/31/97

DSO 56 53 44 55 56 51 45
DIO 128 113 111 129 114 118 103
DPO 212 226 196 143 128 122 123
CCC (28) (60) (42) 41 43 47 24

Schering-Plough
FY 96 03/31/97 06/30/97 09/30/97 12/31/97 FY 97 03/31/98 06/30/98 09/30/98 12/31/98 FY 98 03/31/99 06/30/99
DSO 34 43 44 31 33 34 37 36 31 31 31 45 37
DIO 198 179 199 207 177 196 171 159 184 187 189 174 164
DPO 198 171 160 184 199 221 186 181 197 223 226 193 174
CCC 35 52 83 54 10

Pfizer     6/98 Q  6/97 Q          9/98 Q  9/97 Q          12/98 Q 12/97 Q         3/99 Q  3/98 Q          6/99 Q  6/98 Q

A/R Turn 77 78 77 73 68 65 80 77 81 78
Inv Turn 283 313 319 311 237 248 281 310 341 300
Days Pay 125 135 155 140 126 112 108 123 146 136
Cash Con 235 256 241 243 179 201 252 264 277 242

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement