Advance Auto Parts Inc (AAP)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | 2.14 | — | 2.43 | — | 2.44 | — | — | 2.11 | — | — | 2.23 | — | — | 2.06 | — | |
| Number of days of payables | days | — | — | — | — | — | 170.39 | — | 150.30 | — | 149.88 | — | — | 173.14 | — | — | 163.88 | — | — | 177.57 | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Advance Auto Parts Inc fluctuated over the period displayed in the data. Notably, on October 9, 2021, the company took approximately 177.57 days to pay its payables, indicating a relatively longer period for settling its obligations to suppliers. Subsequently, on April 23, 2022, this figure decreased to around 163.88 days, suggesting an improvement in the efficiency of managing payables.
The trend continued with a drop to 149.88 days on April 22, 2023, and further to 150.30 days on July 15, 2023, indicating a potential focus on optimizing payment processes and enhancing working capital management within the organization.
However, on October 8, 2022, and October 7, 2023, the number of days of payables increased to around 173.14 days and 170.39 days, respectively. This could suggest temporary delays in settling obligations or changes in payment terms affecting the company's cash flow dynamics during those periods.
Overall, the data suggests a mix of fluctuations in Advance Auto Parts Inc's number of days of payables, reflecting variations in the company's payment practices and working capital management strategies over the specified timeline.
Peer comparison
Dec 31, 2024