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

Jewett-Cameron Trading Co Ltd's accounts 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 accounts payable for the three months ended in Aug. 2014 was 2.95.

Jewett-Cameron Trading Co Ltd's days accounts 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 Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=0.241/33.961*365
=2.59

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

Days Accounts Payable=Accounts Payable/COGS*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

Accounts Payable, COGS


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
Days Accts Payable 13.6014.1713.0810.9410.985.225.5815.4315.872.59

Jewett-Cameron Trading Co Ltd Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Days Accts Payable 4.6416.8010.3410.313.1218.766.7313.637.102.95
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)
Free 7-day Trial
FEEDBACK