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Buckle, Inc. (NYSE:BKE)
Days Payable
17.51 (As of Jan. 2015)

Buckle, Inc.'s payable for the three months ended in Jan. 2015 was $36 Mil. Buckle, Inc.'s cost of goods sold for the three months ended in Jan. 2015 was $186 Mil. Hence, Buckle, Inc.'s days payable for the three months ended in Jan. 2015 was 17.51.

Buckle, Inc.'s days payable declined from Jan. 2014 (19.09) to Jan. 2015 (17.51). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=35.714/645.81*365
=20.18

Buckle, Inc.'s Days Payable for the quarter that ended in Jan. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=35.714/186.126*365 / 4
=17.51

* 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.

Buckle, Inc. Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
DaysPayable 13.2216.5925.1318.2917.8723.0316.8419.9421.5620.18

Buckle, Inc. Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
DaysPayable 21.9916.6124.3537.3627.9019.0921.5233.4629.6917.51
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