Burlington Stores Inc (BURL)
Number of days of payables
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 9.24 | 9.29 | 8.45 | 7.69 | 4.14 | |
| Number of days of payables | days | 39.52 | 39.30 | 43.22 | 47.44 | 88.26 |
February 1, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.24
= 39.52
Burlington Stores Inc has shown a decreasing trend in the number of days of payables over the past five years. As of January 30, 2021, the company had an average payment period of 88.26 days, which has steadily decreased to 47.44 days by January 29, 2022, further dropping to 43.22 days by January 28, 2023. The trend continued with a significant drop to 39.30 days by February 3, 2024, followed by a slight increase to 39.52 days by February 1, 2025. This trend indicates that Burlington Stores Inc has been managing its payables more efficiently and may be taking advantage of favorable credit terms or improving its cash flow management over the years.
Peer comparison
Feb 1, 2025