Campbell Soup Company Common Stock (CPB)
Number of days of payables
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 6.53 | — | 6.09 | — | |
| Number of days of payables | days | — | 55.91 | — | 59.95 | — |
July 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Campbell Soup Company Common Stock has shown some fluctuation over the years. As of July 30, 2023, the company took approximately 59.95 days to pay off its liabilities to suppliers and vendors. This suggests that Campbell Soup Company Common Stock has a moderate efficiency in managing its accounts payable during that period. However, it is noted that specific data is not available for July 31, 2022, July 31, 2023, and July 31, 2024. It is important for investors to monitor this ratio over time to assess the company's ability to effectively manage its working capital and supplier relationships.
Peer comparison
Jul 31, 2024