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Teck Resources Ltd (NYSE:TCK)
Days Payable
80.90 (As of Mar. 2016)

Teck Resources Ltd's payable for the three months ended in Mar. 2016 was $1,034 Mil. Teck Resources Ltd's cost of goods sold for the three months ended in Mar. 2016 was $1,167 Mil. Hence, Teck Resources Ltd's days payable for the three months ended in Mar. 2016 was 80.90.

TCK' s Days Payable Range Over the Past 10 Years
Min: 39.73   Max: 73.17
Current: 72.93

39.73
73.17

During the past 13 years, Teck Resources Ltd's highest Days Payable was 73.17. The lowest was 39.73. And the median was 50.78.

TCK's Days Payable is ranked higher than
70% of the 516 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 44.62 vs. TCK: 72.93 )

Teck Resources Ltd's days payable increased from Mar. 2015 (0.00) to Mar. 2016 (80.90). 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1034.32632693/1166.64146378*365 / 4
=80.90

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 54.3254.180.000.0047.3843.2839.730.000.0087.48

Teck Resources Ltd Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 0.000.000.000.000.000.0078.4474.7382.3480.90
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