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Cascade Corporation (NYSE:CASC)
Days Payable
18.10 (As of Jan. 2013)

Cascade Corporation's payable for the three months ended in Jan. 2013 was $24.6 Mil. Cascade Corporation's revenue for the three months ended in Jan. 2013 was $123.6 Mil. Hence, Cascade Corporation's days payable for the three months ended in Jan. 2013 was 18.10.

Cascade Corporation's days payable declined from Jan. 2012 (20.44) to Jan. 2013 (18.10). It may suggest that Cascade Corporation 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.

Cascade Corporation's Days Payable for the fiscal year that ended in Jan. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=24.582/538.408*365
=16.66

Cascade Corporation's Days Payable for the quarter that ended in Jan. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=24.582/123.57*91
=18.10

* 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.

Cascade Corporation Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
DaysPayable 21.9524.3920.3619.8221.4013.4623.8521.2919.2716.66

Cascade Corporation Quarterly Data

Oct10Jan11Apr11Jul11Oct11Jan12Apr12Jul12Oct12Jan13
DaysPayable 20.1819.7121.5322.6420.5120.4422.0017.3618.0218.10
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