Campbell’s Co (CPB)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 7,134,000 | 7,136,000 | 7,587,000 | 7,358,000 | 7,555,000 | 7,617,000 | 7,537,000 | 7,630,000 | 7,668,000 | 7,400,000 | 7,038,000 | 6,869,000 | 6,455,000 | 7,160,000 | 7,145,000 | 7,706,000 | 7,396,000 | 7,098,000 | 6,822,000 | 6,240,000 |
| Payables | US$ in thousands | — | 1,297,000 | 1,356,000 | 1,453,000 | 1,311,000 | 1,311,000 | 1,330,000 | 1,330,000 | 1,305,000 | 1,305,000 | 1,368,000 | 1,368,000 | 1,306,000 | 1,306,000 | 1,353,000 | 1,374,000 | 1,374,000 | 1,447,000 | 1,447,000 | 1,334,000 |
| 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 |
July 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $7,134,000K ÷ $—K
= —
The payables turnover ratio for Campbell’s Co demonstrates a generally stable trend over the period examined. Starting from a low of 4.68 times as of July 31, 2022, it gradually increased, reaching a peak of 5.88 times by January 31, 2024. This indicates that the company has been improving its efficiency in settling its accounts payable, suggesting a more prompt payment cycle or an optimization in managing liabilities.
Between subsequent periods, the ratio has shown slight fluctuations, with minor declines and increases. For instance, after reaching the peak in January 2024, the ratio slightly decreased to 5.76 by July 31, 2024, before declining further to 5.06 as of October 31, 2024. This modest dip could reflect a temporary stretch in the payables period, possibly due to strategic payment deferrals or changes in supplier terms.
Overall, the long-term trajectory indicates that Campbell’s Co has maintained a relatively consistent payables turnover rate, reflecting disciplined management of trade payables within a stable operating cycle. The ratio’s fluctuations suggest responsive adjustments to operational or strategic needs, but the overall levels suggest sound liquidity management practices.