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PennantPark Floating Rate Capital (NAS:PFLT)
Days Payable
401.62 (As of Dec. 2013)

PennantPark Floating Rate Capital's payable for the three months ended in Dec. 2013 was $30.21 Mil. PennantPark Floating Rate Capital's revenue for the three months ended in Dec. 2013 was $6.84 Mil. Hence, PennantPark Floating Rate Capital's days payable for the three months ended in Dec. 2013 was 401.62.

PennantPark Floating Rate Capital's days payable declined from Dec. 2012 (2,009.49) to Dec. 2013 (401.62). It may suggest that PennantPark Floating Rate Capital 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.

PennantPark Floating Rate Capital's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=116.821/18.868*365
=2,259.89

PennantPark Floating Rate Capital's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=30.205/6.844*91
=401.62

* 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.

PennantPark Floating Rate Capital Annual Data

Sep11Sep12Sep13
DaysPayable 0.000.000.000.000.000.000.000.002,412.192,259.89

PennantPark Floating Rate Capital Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 0.001,708.201,593.771,799.762,086.682,009.491,054.74635.711,744.17401.62
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