Campbell’s Co (CPB)
Number of days of payables
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | 5.50 | 5.60 | 5.06 | 5.76 | 5.81 | 5.67 | 5.74 | 5.88 | 5.67 | 5.14 | 5.02 | 4.94 | 5.48 | 5.28 | 5.61 | 5.38 | 4.91 | 4.71 | 4.68 | |
| Number of days of payables | days | — | 66.34 | 65.24 | 72.08 | 63.34 | 62.82 | 64.41 | 63.62 | 62.12 | 64.37 | 70.95 | 72.69 | 73.85 | 66.58 | 69.12 | 65.08 | 67.81 | 74.41 | 77.42 | 78.03 |
July 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The analysis of Campbell’s Co’s number of days of payables over the specified periods reveals notable fluctuations and trends. Starting from July 31, 2022, with an average of approximately 78.03 days, there is a gradual decline observed over the subsequent quarters, reaching a low of about 62.12 days on January 31, 2024. This indicates an increasing efficiency in settling payables, as the company is taking fewer days to pay suppliers.
Throughout 2023, the number of days of payables generally remained below 70 days, with some minor increases and decreases, such as reaching approximately 73.85 days on July 31, 2023, before decreasing again toward October 2023. The period ending October 31, 2024, exhibits a slight recovery to approximately 72.08 days, suggesting a brief elongation in payment periods.
In early 2025, the number of days fluctuates around 65 days, indicating a stabilization of payables management. The absence of data beyond July 31, 2025, prevents assessment of future trends beyond this point.
Overall, the pattern indicates a strategic approach to managing payable days, with a noticeable trend towards shorter payment periods over time, which could reflect improved cash flow management or efforts to strengthen supplier relationships. The fluctuations in payable days reflect industry practices and company policy adjustments, but the general movement towards fewer days suggests a focus on quicker settlement of liabilities.