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Buckle, Inc.'s accounts payable for the three months ended in Oct. 2014 was $54 Mil. Buckle, Inc.'s cost of goods sold for the three months ended in Oct. 2014 was $164 Mil. Hence, Buckle, Inc.'s days accounts payable for the three months ended in Oct. 2014 was 29.69.
Buckle, Inc.'s days accounts payable increased from Oct. 2013 (27.90) to Oct. 2014 (29.69). It may suggest that Buckle, Inc. delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Buckle, Inc.'s Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as
Buckle, Inc.'s Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Buckle, Inc. Annual Data
|Days Accts Payable||15.41||13.22||16.59||25.13||18.29||17.87||23.03||16.84||19.94||21.56|
Buckle, Inc. Quarterly Data
|Days Accts Payable||31.59||21.99||16.61||24.35||37.36||27.90||19.09||21.52||33.46||29.69|