Switch to:
Teck Resources Ltd (NYSE:TCK)
Days Payable
74.73 (As of Sep. 2015)

Teck Resources Ltd's payable for the three months ended in Sep. 2015 was $1,088 Mil. Teck Resources Ltd's cost of goods sold for the three months ended in Sep. 2015 was $1,328 Mil. Hence, Teck Resources Ltd's days payable for the three months ended in Sep. 2015 was 74.73.

TCK' s Days Payable Range Over the Past 10 Years
Min: 43.28   Max: 75.56
Current: 75.53

43.28
75.56

During the past 13 years, Teck Resources Ltd's highest Days Payable was 75.56. The lowest was 43.28. And the median was 55.77.

TCK's Days Payable is ranked higher than
72% of the 450 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 41.83 vs. TCK: 75.53 )

Teck Resources Ltd's days payable increased from Sep. 2014 (0.00) to Sep. 2015 (74.73). It may suggest that Teck Resources Ltd delayed 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.

Teck Resources Ltd's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/6131.63371488*365
=0.00

Teck Resources Ltd's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1087.74310267/1328.20744761*365 / 4
=74.73

* 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.

Teck Resources Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 75.5655.7755.910.000.0048.5343.280.000.000.00

Teck Resources Ltd Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 0.000.000.000.000.000.000.000.0078.4474.73
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)

GuruFocus Premium Plus Membership

FEEDBACK