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Arkansas Best Corp (NAS:ABFS)
Days Payable
14.29 (As of Dec. 2013)

Arkansas Best Corp's payable for the three months ended in Dec. 2013 was $91 Mil. Arkansas Best Corp's revenue for the three months ended in Dec. 2013 was $579 Mil. Hence, Arkansas Best Corp's days payable for the three months ended in Dec. 2013 was 14.29.

Arkansas Best Corp's days payable stayed the same from Dec. 2012 (14.29) to Dec. 2013 (14.29).


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Arkansas Best Corp's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=90.873/2299.549*365
=14.42

Arkansas Best Corp's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=90.873/578.55*91
=14.29

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Arkansas Best Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 17.3618.5916.8315.5013.4614.9213.7214.0814.9014.42

Arkansas Best Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 14.3314.4613.9916.8914.2914.2914.8614.9714.3714.29
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