Core & Main Inc (CNM)
Number of days of payables
Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
---|---|---|---|---|---|---|
Payables turnover | — | — | 11.83 | — | 12.27 | |
Number of days of payables | days | — | — | 30.86 | — | 29.75 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Core & Main Inc fluctuated over the period under review. Specifically, the company's payables were approximately 29.75 days on January 29, 2023, and increased to around 30.86 days on January 28, 2024. There is missing data for January 31, 2023, and the subsequent years. This metric indicates the average number of days it takes for the company to pay its accounts payable, suggesting variations in the company's management of its trade credit obligations during the period.