Core & Main Inc (CNM)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 5,504,000 | 5,351,000 | 5,180,000 | 5,067,000 | 5,361,000 | 5,627,000 | 5,938,000 | 5,740,000 | 5,131,000 | 5,021,000 | 4,704,000 | 5,153,000 | 5,512,000 | 5,680,000 | 5,539,000 | 4,874,000 | 4,651,900 | 4,268,100 | 4,289,100 | 4,342,500 |
| Payables | US$ in thousands | — | — | — | — | — | 504,000 | — | 646,000 | — | 601,000 | — | — | 479,000 | — | 701,000 | — | 859,000 | — | — | 608,000 |
| Payables turnover | — | — | — | — | — | 11.16 | — | 8.89 | — | 8.35 | — | — | 11.51 | — | 7.90 | — | 5.42 | — | — | 7.14 |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,504,000K ÷ $—K
= —
Core & Main Inc's payables turnover ratio shows a fluctuating trend over the years. In January 2022, the ratio was 7.14, indicating that the company paid off its accounts payable approximately 7.14 times during the year. The ratio was not available for the subsequent months of January, April, and July 2022.
In May 2022, the payables turnover ratio dropped to 5.42, suggesting a decrease in the frequency of paying off accounts payable. Subsequently, in October 2022, the ratio improved to 7.90, indicating a better ability to manage and pay off its payables.
By January 2023, the payables turnover ratio increased significantly to 11.51, reflecting a more efficient management of accounts payable. However, the ratio was not available for the following months of January, April, and July 2023.
In October 2023, the payables turnover ratio slightly decreased to 8.89, indicating a slight decline in the pace of paying off accounts payable compared to January 2023. The ratio was not provided for the months of January, April, and July 2024, suggesting a lack of data or possible fluctuations in the company's payables turnover during that period.
As of October 31, 2024, the payables turnover ratio was not available, making it difficult to assess the recent performance of Core & Main Inc in managing its accounts payable efficiently. In conclusion, the payables turnover ratio for Core & Main Inc has shown variability over the reported periods, with periods of improvement and stability interspersed with data unavailability that may impact the overall analysis of the company's payables management.