Academy Sports Outdoors Inc (ASO)
Number of days of payables
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 9.25 | — | — | 5.57 | — | 7.05 | — | 6.95 | — | 7.21 | — | 5.72 | — | 6.70 | — | — | |
| Number of days of payables | days | — | — | — | — | 39.46 | — | — | 65.54 | — | 51.80 | — | 52.55 | — | 50.62 | — | 63.81 | — | 54.49 | — | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The analysis of Academy Sports Outdoors Inc's number of days of payables reveals variability in the company's payment practices to its suppliers over the past few years. As of July 30, 2022, the company took an average of approximately 54.49 days to settle its payables, indicating a moderate payment period. This figure increased to around 63.81 days by October 29, 2022, suggesting a slight elongation in the payment cycle.
A reduction in the number of days of payables occurred by January 28, 2023, when it decreased to about 50.62 days, signaling a quicker turnaround in settling the company's obligations to suppliers. This trend continued with a minor uptick to 52.55 days by April 29, 2023, indicating relatively stable payment practices.
Furthermore, by July 29, 2023, the number of days of payables stood at around 51.80 days, presenting a consistent approach to managing accounts payable. Subsequently, an increase was observed by October 28, 2023, where the payment period rose to about 65.54 days, potentially reflecting a deliberate extension in settling payables during that period.
The data show that as of February 3, 2024, the number of days of payables decreased notably to 39.46 days, which could indicate efforts to accelerate payments to suppliers. However, from this point onwards, the figures for the following quarters are not available, with payables remaining undisclosed.
Overall, the analysis suggests that Academy Sports Outdoors Inc has experienced fluctuations in its number of days of payables, with periods of both accelerated and slightly prolonged payment cycles. Such variations could indicate strategic adjustments in managing working capital and supplier relationships.
Peer comparison
Jan 31, 2025