Caleres Inc (CAL)
Number of days of payables
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 8.67 | — | — | 8.13 | — | 5.83 | — | 8.26 | — | 9.94 | — | 7.99 | — | 5.27 | — | — | |
| Number of days of payables | days | — | — | — | — | 42.12 | — | — | 44.89 | — | 62.60 | — | 44.16 | — | 36.73 | — | 45.69 | — | 69.23 | — | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Caleres Inc fluctuated over the periods provided in the data. The ratio remained constant at zero days for certain periods, indicating that the company paid its payables promptly during those times.
In July 2022, the number of days of payables increased significantly to 69.23 days, suggesting that Caleres Inc took longer to pay its payables during that period. However, this metric improved in the subsequent quarters, with a decrease to 45.69 days by October 2022 and further to 36.73 days by January 2023.
The trend reversed slightly in April 2023 as the number of days of payables increased to 44.16 days before rising to 62.60 days in July 2023. This indicates a potential delay in payables during these periods.
Caleres Inc managed to improve its payables efficiency by reducing the number of days to 44.89 days by October 2023 but then reverted to a zero-day figure in January 2024. The ratio increased again to 42.12 days by February 2024 before returning to zero and remaining constant in the subsequent periods specified in the data.
Overall, the fluctuations in the number of days of payables for Caleres Inc suggest varying payment patterns and management of trade credit obligations over the specified periods.
Peer comparison
Jan 31, 2025