Buckle Inc (BKE)

Buckle Inc's number of days of payables has shown variability over the past five years. As of February 3, 2024, the company takes approximately 16.94 days to pay its suppliers, which is slightly higher compared to the previous year when it took 16.09 days. In the fiscal year ending January 29, 2022, Buckle Inc's days of payables increased significantly to 22.81 days from 21.60 days in the prior year. However, there was a notable improvement in the efficiency of payables management in the fiscal year ending January 30, 2021, where the days of payables decreased to 12.58 days from the preceding year.

The fluctuation in the number of days of payables indicates varying trends in the company's payment practices and relationships with suppliers. A longer number of days of payables may suggest that Buckle Inc is taking longer to settle its obligations to suppliers, potentially indicating liquidity challenges or negotiating better credit terms. Conversely, a shorter number of days of payables may imply more efficient working capital management or stricter payment policies. It is crucial for investors and analysts to monitor changes in the number of days of payables to assess the company's cash flow management and financial health.

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Feb 3, 2024