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Buckle Inc (NYSE:BKE)
Days Payable
33.64 (As of Jul. 2016)

Buckle Inc's payable for the three months ended in Jul. 2016 was $49 Mil. Buckle Inc's cost of goods sold for the three months ended in Jul. 2016 was $132 Mil. Hence, Buckle Inc's days payable for the three months ended in Jul. 2016 was 33.64.

BKE' s Days Payable Range Over the Past 10 Years
Min: 16.59   Max: 25.13
Current: 22.11

16.59
25.13

During the past 13 years, Buckle Inc's highest Days Payable was 25.13. The lowest was 16.59. And the median was 19.66.

BKE's Days Payable is ranked lower than
85% of the 649 Companies
in the Global Apparel Stores industry.

( Industry Median: 50.84 vs. BKE: 22.11 )

Buckle Inc's days payable declined from Jul. 2015 (38.20) to Jul. 2016 (33.64). It may suggest that Buckle Inc accelerated paying its suppliers.


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.

Buckle Inc's Days Payable for the fiscal year that ended in Jan. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=33.862/638.215*365
=19.37

Buckle Inc's Days Payable for the quarter that ended in Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=48.764/132.275*365 / 4
=33.64

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Buckle Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 16.5925.1318.2917.8723.0316.8419.9421.5620.1819.37

Buckle Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 33.4629.6917.5122.4338.2029.4217.5519.7133.6423.28
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