Burlington Stores Inc (BURL)
Number of days of payables
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.24 | 8.60 | 9.13 | 9.74 | 9.29 | 9.12 | 10.84 | 9.94 | 8.44 | 8.36 | 10.17 | 8.55 | 7.69 | 6.23 | 6.25 | 5.17 | 4.14 | 3.84 | 7.41 | 5.80 | |
| Number of days of payables | days | 39.52 | 42.45 | 39.99 | 37.46 | 39.29 | 40.01 | 33.67 | 36.73 | 43.22 | 43.66 | 35.88 | 42.69 | 47.44 | 58.58 | 58.40 | 70.57 | 88.26 | 95.08 | 49.28 | 62.91 |
February 1, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.24
= 39.52
Based on the data provided for Burlington Stores Inc, the number of days of payables has shown fluctuation over time. The number of days of payables ranged from a low of 33.67 days on July 29, 2023, to a high of 95.08 days on October 31, 2020. The trend indicates that the company has been able to manage and reduce its payables period over the years, with the latest recorded number of days of payables at 39.52 days on February 1, 2025.
Overall, the decreasing trend in the number of days of payables suggests that Burlington Stores Inc has been improving its efficiency in managing its payables, which may indicate effective working capital management and stronger supplier relationships. Reducing the number of days of payables can also positively impact the company's liquidity and financial health by optimizing cash flow and reducing the risk of potential liquidity issues.
Peer comparison
Feb 1, 2025