The Cheesecake Factory (CAKE)
Number of days of payables
| Jan 31, 2025 | Dec 31, 2024 | Oct 31, 2024 | Sep 30, 2024 | Jul 31, 2024 | Jun 30, 2024 | Apr 30, 2024 | Mar 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Oct 31, 2023 | Sep 30, 2023 | Jul 31, 2023 | Jun 30, 2023 | Apr 30, 2023 | Mar 31, 2023 | Jan 31, 2023 | Dec 31, 2022 | Oct 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | 39.46 | — | 37.00 | — | 33.76 | — | 35.19 | — | 29.68 | — | 32.86 | — | 24.66 | — | 27.09 | — | 29.00 | — | 39.68 | |
| Number of days of payables | days | — | 9.25 | — | 9.87 | — | 10.81 | — | 10.37 | — | 12.30 | — | 11.11 | — | 14.80 | — | 13.47 | — | 12.59 | — | 9.20 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The Cheesecake Factory's number of days of payables has shown some fluctuation over the analyzed period. As of December 31, 2024, the company took approximately 9.25 days to pay its suppliers. This indicates that The Cheesecake Factory is efficient in managing its payables, with a relatively short payment cycle. The trend over time suggests a general stability in the number of days of payables, which may reflect the company's effective cash flow management and relationships with its suppliers. The consistency in the payment period could be a strategic approach to maintain good relations with suppliers while optimizing working capital.
Peer comparison
Jan 31, 2025