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GuruFocus has detected 5 Warning Signs with Twin Disc Inc $TWIN.
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Twin Disc Inc (NAS:TWIN)
Days Payable
51.17 (As of Dec. 2016)

Twin Disc Inc's payable for the three months ended in Dec. 2016 was $13.9 Mil. Twin Disc Inc's cost of goods sold for the three months ended in Dec. 2016 was $24.7 Mil. Hence, Twin Disc Inc's days payable for the three months ended in Dec. 2016 was 51.17.

TWIN' s Days Payable Range Over the Past 10 Years
Min: 36.7   Max: 69.09
Current: 44.13

36.7
69.09

During the past 13 years, Twin Disc Inc's highest Days Payable was 69.09. The lowest was 36.70. And the median was 42.99.

TWIN's Days Payable is ranked lower than
66% of the 1311 Companies
in the Global Diversified Industrials industry.

( Industry Median: 65.83 vs. TWIN: 44.13 )

Twin Disc Inc's days payable increased from Dec. 2015 (48.07) to Dec. 2016 (51.17). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=14.716/125.687*365
=42.74

Twin Disc Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.865/24.723*365 / 4
=51.17

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Twin Disc Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 49.2261.0242.3752.0969.0936.7036.7243.2441.4042.74

Twin Disc Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 44.6938.2954.0939.5757.5948.0743.4342.6852.0751.17
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