Chewy Inc (CHWY)
Number of days of payables
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 8.62 | 8.91 | 9.16 | 9.44 | 9.52 | 8.98 | 8.72 | 9.12 | 9.26 | 8.50 | — | 9.45 | 7.79 | — | — | 8.64 | — | — | — | — | |
| Number of days of payables | days | 42.33 | 40.98 | 39.83 | 38.66 | 38.33 | 40.63 | 41.87 | 40.04 | 39.42 | 42.93 | — | 38.64 | 46.83 | — | — | 42.26 | — | — | — | — |
October 27, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.62
= 42.33
The number of days of payables for Chewy Inc has shown some fluctuations over the past few quarters. Based on the data provided, the number of days of payables ranged from 38.33 days to 46.83 days. The average number of days of payables during this period was approximately 40.63 days.
The trend indicates that Chewy Inc takes, on average, around 40 days to pay its trade payables. A higher number of days of payables may suggest that the company is taking longer to pay its suppliers, potentially indicating better cash flow management or negotiating favorable credit terms. On the other hand, a lower number of days of payables could indicate more prompt payment practices or potential liquidity issues.
It's important to consider industry norms and benchmarks while interpreting this ratio, as payment practices can vary significantly across sectors. Additionally, monitoring changes in the number of days of payables over time can provide insights into Chewy Inc's liquidity management and vendor relationships.
Peer comparison
Oct 27, 2024