Boot Barn Holdings Inc (BOOT)
Number of days of payables
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.06 | 11.26 | 10.58 | 13.41 | 10.63 | 9.00 | 7.81 | 8.52 | 9.37 | 6.00 | 7.13 | 8.25 | 7.72 | 7.38 | 9.25 | 9.27 | 8.10 | 5.88 | 4.89 | 5.88 | |
| Number of days of payables | days | 33.00 | 32.42 | 34.49 | 27.22 | 34.34 | 40.55 | 46.73 | 42.84 | 38.96 | 60.85 | 51.19 | 44.25 | 47.28 | 49.44 | 39.46 | 39.36 | 45.06 | 62.05 | 74.64 | 62.10 |
March 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.06
= 33.00
The number of days of payables for Boot Barn Holdings Inc has shown fluctuations over the past few quarters. The company's payables turnover period varied between a low of 27.22 days in June 2023 and a high of 74.64 days in September 2019.
In general, the company takes around 40 to 50 days to pay its suppliers based on the data provided. This indicates that Boot Barn typically takes more than a month to settle its outstanding invoices with vendors.
It's worth noting that a shorter payables turnover period may indicate more efficient cash management, while a longer period may suggest potential liquidity or cash flow issues. Overall, the trend and variations in the number of days of payables for Boot Barn Holdings Inc provide insights into the company's working capital management practices.
Peer comparison
Mar 31, 2024