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.