Autodesk Inc (ADSK)

Number of days of payables

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Payables turnover		3.20	5.11	3.98	4.02	3.86	4.71	3.49	4.18	3.28	3.45	2.97	3.43	2.80	2.75	2.72	3.28	3.80	3.88	3.00	3.35
Number of days of payables	days	114.19	71.43	91.79	90.88	94.60	77.56	104.51	87.25	111.23	105.66	122.99	106.30	130.39	132.68	134.29	111.24	95.95	94.03	121.51	108.97

April 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.20
= 114.19

Autodesk Inc's number of days of payables, which measures the average number of days it takes for the company to pay its suppliers, has fluctuated over the past few years.

The trend indicates that the number of days of payables has ranged between around 70 days to 130 days, with some volatility in the figures. In the most recent period of April 30, 2024, the number of days of payables increased to 114.19 days from 71.43 days in January 31, 2024. This suggests that the company took longer to pay its suppliers during this period compared to the previous period.

Examining the historical data, it is apparent that Autodesk Inc has experienced periods of both longer and shorter payables cycles. In general, a higher number of days of payables may indicate that the company is taking longer to pay its suppliers, which could potentially strain its relationships with vendors. Conversely, a lower number of days of payables may indicate a more efficient working capital management.

Overall, the analysis of Autodesk Inc's number of days of payables provides insights into the company's payment practices and liquidity management over time. It is important for stakeholders to monitor these metrics to understand the company's financial health and operational efficiency.