Abercrombie & Fitch Company (ANF)
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 | May 1, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.34 | 4.22 | 4.85 | 7.02 | 6.15 | 4.80 | 3.71 | 4.75 | 3.74 | 3.20 | 4.58 | 5.49 | 4.26 | 3.84 | 4.70 | 8.62 | 6.69 | 4.86 | 5.75 | 6.93 | |
| Number of days of payables | days | 68.29 | 86.41 | 75.24 | 51.97 | 59.31 | 76.06 | 98.33 | 76.90 | 97.67 | 113.98 | 79.69 | 66.49 | 85.59 | 94.99 | 77.66 | 42.33 | 54.53 | 75.10 | 63.46 | 52.68 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.34
= 68.29
The number of days of payables for Abercrombie & Fitch Company has fluctuated over the past few periods, with a range from 42.33 days to 113.98 days.
The average number of days of payables over the periods indicates that, on average, the company takes around 74.78 days to pay its accounts payables.
A lower number of days of payables suggests that the company is paying its suppliers more quickly, possibly indicating strong liquidity or favorable credit terms.
On the other hand, a higher number of days of payables may indicate that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or reflect challenges with cash flow management.
It is important to monitor the trend of days of payables over time to assess the company's working capital management and supplier relationships.
Peer comparison
Feb 3, 2024