Want to join the conversation?
At 3Q15-end, $MHK's receivables were $1.3Bil, with days sales outstanding at 54 days, up slightly from changes in channel mix. Inventories ended the quarter at $1.621Bil. The days actually improved to 105 days from 113 day last year. This improvement was impacted by acquisitions and better inventory management.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.