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Buckeye Technologies, Inc. (NYSE:BKI)
Days Payable
13.20 (As of Mar. 2013)

Buckeye Technologies, Inc.'s payable for the three months ended in Mar. 2013 was $28.4 Mil. Buckeye Technologies, Inc.'s revenue for the three months ended in Mar. 2013 was $195.6 Mil. Hence, Buckeye Technologies, Inc.'s days payable for the three months ended in Mar. 2013 was 13.20.

Buckeye Technologies, Inc.'s days payable declined from Mar. 2012 (14.32) to Mar. 2013 (13.20). It may suggest that Buckeye Technologies, 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.

Buckeye Technologies, Inc.'s Days Payable for the fiscal year that ended in Jun. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=46.398/894.881*365
=18.92

Buckeye Technologies, Inc.'s Days Payable for the quarter that ended in Mar. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=28.372/195.562*91
=13.20

* 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.

Buckeye Technologies, Inc. Annual Data

Jun03Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12
DaysPayable 21.0715.0719.0616.5219.4721.7314.9419.0016.7118.92

Buckeye Technologies, Inc. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
DaysPayable 13.6415.0414.7414.3013.1614.3220.0414.2210.3913.20
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