Campbell’s Co (CPB)

The payables turnover ratio for Campbell’s Co demonstrates fluctuations over the defined periods, providing insight into the company's efficiency in managing its accounts payable obligations.

As of July 30, 2023, the payables turnover ratio was calculated at 6.09, indicating the company settled its accounts payable roughly 6.09 times within that period. This signifies a relatively prompt payment cycle, reflecting a moderate level of credit extended by suppliers and the company's capability to manage its liabilities efficiently.

On the subsequent day, July 31, 2023, the ratio decreased to 4.93, suggesting a slight decline in payment frequency or a lengthening of the average payment period. This could indicate temporary changes in payable management, possibly due to strategic supplier negotiations, cash flow considerations, or operational adjustments.

Moving forward to July 28, 2024, the ratio increased to 6.53, indicating an acceleration in settling liabilities, which could reflect improved liquidity or a strategic emphasis on timely payments. Conversely, by July 31, 2024, the ratio decreased again to 5.08, maintaining a level consistent with the across-the-year trend, albeit slightly lower than the previous year’s figure, implying a modest extension in the average period taken to pay suppliers.

There is no data available beyond July 31, 2024, for July 31, 2025, which prevents analysis of future trend trajectories or the effects of management’s evolving policies.

Overall, the payables turnover ratios suggest that Campbell’s Co maintains a relatively stable approach to its trade payables, with minor fluctuations indicating cautious management of short-term liabilities aligned with operational strategies and cash flow management. The variations between periods could also reflect seasonal or cyclical factors impacting the company’s payment practices.