Bath & Body Works Inc. (BBWI)
Number of days of payables
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 16.19 | 13.59 | 13.50 | 30.50 | 19.97 | |
| Number of days of payables | days | 22.55 | 26.86 | 27.03 | 11.97 | 18.28 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 16.19
= 22.55
The number of days of payables for Bath & Body Works Inc. has fluctuated over the past five years, ranging from 11.97 days to 27.03 days. In the latest fiscal year (ending Feb 3, 2024), the company's number of days of payables stood at 22.55 days, indicating that, on average, it takes around 22.55 days for Bath & Body Works to pay its suppliers for goods or services purchased on credit. This figure suggests that the company is managing its payables efficiently, maintaining a balance between utilizing supplier credit terms and managing cash flow. Additionally, the recent decrease in the number of days of payables compared to the previous year reflects a potentially more streamlined payment process.
Peer comparison
Feb 3, 2024