The Cheesecake Factory (CAKE)
Number of days of payables
| Jan 31, 2025 | Dec 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 26.76 | — | 25.43 | — | |
| Number of days of payables | days | — | 13.64 | — | 14.36 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for The Cheesecake Factory indicates the average number of days it takes for the company to pay its outstanding obligations to suppliers. Looking at the available data, it appears that the company's number of days of payables was not provided for January 31 of 2023 and 2024.
For December 31, 2023, The Cheesecake Factory had an average of 14.36 days of payables, suggesting that the company takes approximately two weeks to settle its payables to suppliers.
Moving to December 31, 2024, the number of days of payables decreased slightly to 13.64 days, indicating a slightly more efficient payment cycle compared to the previous year.
Given that the information on January 31, 2025, is not provided, it is unclear whether there have been further changes in the company's payment practices. Overall, the trend from the available data suggests that The Cheesecake Factory has been managing its payables effectively, with a relatively stable or slightly improving payment cycle over the analyzed period.
Peer comparison
Jan 31, 2025