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Toll Brothers Inc (NYSE:TOL)
Days Payable
37.62 (As of Jan. 2014)

Toll Brothers Inc's payable for the three months ended in Jan. 2014 was $266 Mil. Toll Brothers Inc's revenue for the three months ended in Jan. 2014 was $644 Mil. Hence, Toll Brothers Inc's days payable for the three months ended in Jan. 2014 was 37.62.

Toll Brothers Inc's days payable declined from Jan. 2013 (41.59) to Jan. 2014 (37.62). It may suggest that Toll Brothers Inc 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.

Toll Brothers Inc's Days Payable for the fiscal year that ended in Oct. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=248.975/2674.299*365
=33.98

Toll Brothers Inc's Days Payable for the quarter that ended in Jan. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=266.111/643.681*91
=37.62

* 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.

Toll Brothers Inc Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
DaysPayable 17.2016.1617.4218.6515.6352.7662.0550.1735.0733.98

Toll Brothers Inc Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysPayable 43.1658.1150.1330.5726.0141.5941.2230.6521.6937.62
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