Caseys General Stores Inc (CASY)
Number of days of payables
Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 0.00 | 20.22 | 21.45 | 17.31 | 17.87 | |
Number of days of payables | days | — | 18.05 | 17.02 | 21.09 | 20.43 |
April 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.00
= —
The analysis of Caseys General Stores Inc.'s number of days of payables over the period from April 30, 2021, to April 30, 2024, indicates fluctuations in the company's accounts payable management.
In 2021, the company’s payables period was approximately 20.43 days, reflecting the average time taken to settle liabilities. This period increased slightly in 2022 to 21.09 days, suggesting a modest extension in the time taken to pay suppliers, potentially indicating more favorable credit terms or deliberate management of payable cycles.
However, by April 30, 2023, the number of days of payables decreased significantly to 17.02 days, signifying a shorter payment period. This reduction could imply a strategic effort to improve supplier relationships, accelerate cash outflows, or respond to tighter liquidity conditions.
In 2024, the payables period increased modestly again to 18.05 days, suggesting a slight lengthening of the payable cycle, perhaps in response to changing operational cash flow needs or supplier negotiations.
The data for April 30, 2025, is unavailable, denoted by a placeholder, indicating that the information is either not yet available or not disclosed at this time.
Overall, the trend demonstrates variability in the company's trade payables management, with periods of both extension and contraction, reflecting strategic or operational adjustments over the three-year span.
Peer comparison
Apr 30, 2025