Adobe Systems Incorporated (ADBE)

Number of days of payables

		Nov 30, 2024	Nov 29, 2024	Dec 1, 2023	Nov 30, 2023	Dec 2, 2022
Payables turnover		—	6.53	7.50	—	5.71
Number of days of payables	days	—	55.88	48.69	—	63.90

November 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for Adobe Systems Incorporated fluctuated over the years based on the provided data. In December 2, 2022, the company took approximately 63.90 days to pay its suppliers. There was no specific data available for November 30, 2023. By December 1, 2023, the number of days decreased to 48.69 days, indicating a potential improvement in the efficiency of managing payables. In the following year, on November 29, 2024, the number of days of payables slightly increased to 55.88 days. Once again, there was no specific data available for November 30, 2024. Overall, the analysis of Adobe Systems' number of days of payables demonstrates some variability in the company's payment practices across the years.