Core & Main Inc (CNM)

Core & Main Inc's number of days of payables has shown a decreasing trend over the past three years. As of January 28, 2024, the company takes approximately 30.86 days to pay its outstanding payables, compared to 29.75 days in the prior year and a notably higher 48.46 days two years ago. This suggests an improvement in the efficiency of managing payables, indicating that the company is settling its obligations at a quicker pace. The decreasing number of days of payables can signal stronger cash flow management and potentially improved vendor relationships. It is essential to monitor this trend over time to assess the company's ability to balance its payment commitments effectively.