Switch to:
GuruFocus has detected 4 Warning Signs with Buckle Inc $BKE.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Buckle Inc (NYSE:BKE)
Days Payable
14.83 (As of Jan. 2017)

Buckle Inc's payable for the three months ended in Jan. 2017 was $25.1 Mil. Buckle Inc's cost of goods sold for the three months ended in Jan. 2017 was $154.3 Mil. Hence, Buckle Inc's days payable for the three months ended in Jan. 2017 was 14.83.

BKE' s Days Payable Range Over the Past 10 Years
Min: 15.85   Max: 25.13
Current: 15.85

15.85
25.13

During the past 13 years, Buckle Inc's highest Days Payable was 25.13. The lowest was 15.85. And the median was 19.66.

BKE's Days Payable is ranked lower than
90% of the 657 Companies
in the Global Apparel Stores industry.

( Industry Median: 53.24 vs. BKE: 15.85 )

Buckle Inc's days payable declined from Jan. 2016 (17.55) to Jan. 2017 (14.83). 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. 2017 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25.079/577.705*365
=15.85

Buckle Inc's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25.079/154.277*365 / 4
=14.83

* 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

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysPayable 25.1318.2917.8723.0316.8419.9421.5620.1819.3715.85

Buckle Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 29.6917.5122.4338.2029.4217.5519.7133.6423.2814.83
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK