Box Inc (BOX)
Number of days of payables
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | 150.16 | 41.51 | |
| Number of days of payables | days | — | — | — | 2.43 | 8.79 |
January 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Box Inc has been inconsistent and fluctuating over the past five years. In particular, the number of days of payables was not available for the most recent two fiscal years. However, looking at historical data, there was a significant decrease in the number of days of payables from 8.79 days in January 2020 to 2.43 days in January 2021, indicating that the company was able to pay off its payables more quickly in the following year. It is important to note that a lower number of days of payables can potentially indicate improved liquidity and cash management for the company. However, without the data for the most recent fiscal years, it is challenging to assess the current trend and implications for Box Inc's financial health.
Peer comparison
Jan 31, 2024