American Biltrite (American Biltrite) Days Payable : 24.37 (As of Dec. 2011)

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What is American Biltrite Days Payable?

American Biltrite's average Accounts Payable for the three months ended in Dec. 2011 was $10.5 Mil. American Biltrite's Cost of Goods Sold for the three months ended in Dec. 2011 was $39.4 Mil. Hence, American Biltrite's Days Payable for the three months ended in Dec. 2011 was 24.37.

The historical rank and industry rank for American Biltrite's Days Payable or its related term are showing as below:

ABLT's Days Payable is not ranked ^*
in the Conglomerates industry.
Industry Median: 59.22
* Ranked among companies with meaningful Days Payable only.

American Biltrite's Days Payable declined from Dec. 2010 (27.05) to Dec. 2011 (24.37). It may suggest that American Biltrite accelerated paying its suppliers.

American Biltrite Days Payable Historical Data

The historical data trend for American Biltrite's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Biltrite Days Payable Chart

American Biltrite Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Days Payable

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19.80

17.76

32.97

19.19

20.51

American Biltrite Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Days Payable	Get a 7-Day Free Trial															27.05	23.55	27.69	26.98	24.37

Competitive Comparison of American Biltrite's Days Payable

For the Conglomerates subindustry, American Biltrite's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

American Biltrite's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, American Biltrite's Days Payable distribution charts can be found below:

* The bar in red indicates where American Biltrite's Days Payable falls into.

American Biltrite Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

American Biltrite's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

	Days Payable (A: Dec. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2010 )	+	Accounts Payable (A: Dec. 2011 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2011 )	*	Days in Period
=	( (8.829	+	9.154)	/	2 )	/	159.991	*	365
=	8.9915					/	159.991	*	365
=	20.51

American Biltrite's Days Payable for the quarter that ended in Dec. 2011 is calculated as:

	Days Payable (Q: Dec. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2011 )	+	Accounts Payable (Q: Dec. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2011 )	*	Days in Period
=	( (11.881	+	9.154)	/	2 )	/	39.377	*	365 / 4
=	10.5175					/	39.377	*	365 / 4
=	24.37

American Biltrite Days Payable Related Terms

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American Biltrite (American Biltrite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » American Biltrite Inc (OTCPK:ABLT) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

57 River Street, Suite 302, Wellesley Hills, MA, USA, 02481-2097

Website

http://www.ambilt.com

American Biltrite Inc is engaged in providing flooring products, tape products, jewelry, and rubber products globally. It offers all the products from its operating divisions, Tape Division, K&M Associates L.P., and American Biltrite (Canada) Ltd. The Tape products division provides specialized pressure-sensitive tapes, films, and protective sheeting. American Biltrite (Canada) Ltd manufactures and distributes commercial flooring and performance sheet rubber throughout North America. K&M Associates L.P. supplies fashion jewelry and sells branded and private-label products to a wide range of retail customers.

Executives

Mark N Kaplan	director	C/O AUTOWEB, INC. 6410 OAK CANYON, SUITE 250 IRVINE CA 92618
Mark S Newman	director	DRS TECHNOLOGIES, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Kenneth I Watchmaker	director
Frederick H Joseph	director	93 ABBOT STREET, ANDOVER MA 01810

American Biltrite (American Biltrite) Headlines

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