American Eagle Outfitters Inc (AEO)
Number of days of payables
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 19.39 | 16.65 | 20.83 | 23.75 | 21.41 | 26.81 | 25.07 | 20.31 | 22.23 | 14.47 | 19.58 | 16.30 | 14.03 | 14.59 | 24.59 | 14.99 | 10.67 | 12.13 | 16.30 | 14.37 | |
| Number of days of payables | days | 18.82 | 21.92 | 17.52 | 15.37 | 17.05 | 13.62 | 14.56 | 17.97 | 16.42 | 25.23 | 18.64 | 22.40 | 26.01 | 25.02 | 14.84 | 24.35 | 34.20 | 30.09 | 22.39 | 25.41 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.39
= 18.82
American Eagle Outfitters Inc has been managing its payables effectively over the past few quarters. The number of days of payables has fluctuated between a low of 13.62 days to a high of 34.20 days. On average, American Eagle Outfitters Inc takes around 20 days to pay its suppliers.
The trend indicates that the number of days of payables has been relatively consistent over the quarters, with a slight increase in the most recent quarter. This suggests that the company is maintaining a stable relationship with its suppliers in terms of payment timing.
Overall, the number of days of payables for American Eagle Outfitters Inc reflects a balanced approach to managing its payables, which is crucial for maintaining good supplier relationships and efficient cash flow management.
Peer comparison
Feb 3, 2024