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Eastern American Natural Gas Trust (NYSE:NGT)
Days Payable
26.22 (As of Mar. 2013)

Eastern American Natural Gas Trust's payable for the three months ended in Mar. 2013 was $0.24 Mil. Eastern American Natural Gas Trust's revenue for the three months ended in Mar. 2013 was $0.82 Mil. Hence, Eastern American Natural Gas Trust's days payable for the three months ended in Mar. 2013 was 26.22.

Eastern American Natural Gas Trust's days payable declined from Mar. 2012 (63.80) to Mar. 2013 (26.22). It may suggest that Eastern American Natural Gas Trust 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.

Eastern American Natural Gas Trust's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0/4.973*365
=0.00

Eastern American Natural Gas Trust's Days Payable for the quarter that ended in Mar. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=0.236/0.819*91
=26.22

* 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.

Eastern American Natural Gas Trust Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysPayable 0.000.000.000.000.0070.8471.6266.3346.950.00

Eastern American Natural Gas Trust Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
DaysPayable 71.4271.2582.6267.8449.1563.8067.3466.810.0026.22
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