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Jewett-Cameron Trading Co Ltd (NAS:JCTCF)
Days Payable
2.95 (As of Aug. 2014)

Jewett-Cameron Trading Co Ltd's payable for the three months ended in Aug. 2014 was $0.24 Mil. Jewett-Cameron Trading Co Ltd's cost of goods sold for the three months ended in Aug. 2014 was $7.45 Mil. Hence, Jewett-Cameron Trading Co Ltd's days payable for the three months ended in Aug. 2014 was 2.95.

Jewett-Cameron Trading Co Ltd's days payable declined from Aug. 2013 (18.76) to Aug. 2014 (2.95). It may suggest that Jewett-Cameron Trading Co Ltd 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.

Jewett-Cameron Trading Co Ltd's Days Payable for the fiscal year that ended in Aug. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.241/33.961*365
=2.59

Jewett-Cameron Trading Co Ltd's Days Payable for the quarter that ended in Aug. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.241/7.445*365 / 4
=2.95

* 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.

Jewett-Cameron Trading Co Ltd Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
DaysPayable 13.6014.1713.0810.9410.985.225.5815.4315.872.59

Jewett-Cameron Trading Co Ltd Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 4.6416.8010.3410.313.1218.766.7313.637.102.95
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