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Twin Disc Inc (NAS:TWIN)
Days Payable
44.69 (As of Sep. 2014)

Twin Disc Inc's payable for the three months ended in Sep. 2014 was $20.8 Mil. Twin Disc Inc's cost of goods sold for the three months ended in Sep. 2014 was $42.4 Mil. Hence, Twin Disc Inc's days payable for the three months ended in Sep. 2014 was 44.69.

Twin Disc Inc's days payable increased from Sep. 2013 (34.59) to Sep. 2014 (44.69). It may suggest that Twin Disc Inc 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.

Twin Disc Inc's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=22.111/186.655*365
=43.24

Twin Disc Inc's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=20.781/42.435*365 / 4
=44.69

* 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.

Twin Disc Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
DaysPayable 49.2860.2249.2261.0242.3752.0969.0936.7036.7243.24

Twin Disc Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 31.6747.9144.4638.2034.0734.5940.6340.6238.7644.69
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