Albertsons Companies (ACI)
Payables turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 58,633,600 | 57,723,200 | 57,555,100 | 57,374,100 | 56,736,800 | 57,177,500 | 56,850,700 | 56,886,800 | 56,264,600 | 55,483,000 | 54,348,100 | 52,851,500 | 51,164,600 | 49,978,200 | 48,980,200 | 48,374,200 | 49,275,900 | 49,081,900 | 48,289,700 | 47,342,200 |
| Payables | US$ in thousands | 4,092,700 | 4,026,100 | 4,221,900 | 3,898,200 | 4,218,200 | 4,119,200 | 4,149,700 | 4,013,200 | 4,173,100 | 3,977,700 | 4,017,800 | 3,970,300 | 4,236,800 | 4,066,100 | 3,554,200 | 3,386,300 | 3,487,300 | 3,395,000 | 3,389,800 | 3,399,800 |
| Payables turnover | 14.33 | 14.34 | 13.63 | 14.72 | 13.45 | 13.88 | 13.70 | 14.17 | 13.48 | 13.95 | 13.53 | 13.31 | 12.08 | 12.29 | 13.78 | 14.29 | 14.13 | 14.46 | 14.25 | 13.92 |
February 28, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $58,633,600K ÷ $4,092,700K
= 14.33
The payables turnover ratio for Albertsons Companies over the analyzed period indicates a generally stable and slightly increasing tendency. Starting from 13.92 times as of May 31, 2020, the ratio experienced minor fluctuations throughout 2020 and 2021, reaching a peak of 14.46 times on November 30, 2020, and maintaining a range roughly between 12.29 and 14.46 during this period. Notably, there was a decline to a low of 12.08 on February 28, 2022, reflecting a potential period of extended credit or changes in payment practices during early 2022.
Following this trough, the ratio exhibited a gradual increase through 2022 and into 2023, reaching approximately 14.17 times by May 31, 2023. The trend continued into late 2023 and early 2024, with values generally maintaining between 13.45 and 14.34, suggesting consistent management of payables relative to purchases or supplier terms.
The most recent data points in 2024 indicate a slight upward trend, with the ratio reaching 14.72 as of May 31, 2024, before a modest decrease to 13.63 on August 31, 2024. Subsequently, the ratio increased again to 14.34 by November 30, 2024, and remained close to that level at 14.33 as of February 28, 2025.
Overall, the payables turnover ratio demonstrates stability with a tendency toward moderate increases, which may reflect effective supplier relationship management and payment strategy adjustments aligned with operational needs. The fluctuations over time suggest responsiveness to changes in inventory management, purchase volume, or credit terms negotiated with suppliers.
Peer comparison
Feb 28, 2025