Campbell Soup Company Common Stock (CPB)
Payables turnover
| 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 | May 1, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 7,587,000 | 7,358,000 | 7,555,000 | 7,636,000 | 7,556,000 | 7,649,000 | 7,687,000 | 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 | 6,691,000 | 6,386,000 |
| Payables | US$ in thousands | — | — | — | 1,311,000 | — | 1,330,000 | — | 1,305,000 | — | 1,368,000 | — | 1,306,000 | — | — | 1,374,000 | — | 1,447,000 | — | 1,286,000 | — |
| Payables turnover | — | — | — | 5.82 | — | 5.75 | — | 5.67 | — | 5.02 | — | 5.48 | — | — | 5.38 | — | 4.71 | — | 5.20 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $7,587,000K ÷ $—K
= —
The payables turnover ratio for Campbell Soup Company Common Stock has fluctuated over the periods provided. This ratio measures how efficiently the company pays its suppliers. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently.
Based on the data provided:
- The payables turnover ratio was 5.20 in May 1, 2022, indicating that the company paid its suppliers approximately 5.20 times during that period.
- The ratio increased to 5.38 in January 29, 2023, suggesting an improvement in the company's efficiency in paying its payables.
- By January 28, 2024, the ratio further increased to 5.67, and it peaked at 5.82 on July 28, 2024, reflecting even better management of payables within these periods.
However, there were periods where the payables turnover ratio was not provided (indicated by "—"), suggesting insufficient data for analysis during those times.
Overall, the trend indicates Campbell Soup Company Common Stock has generally maintained a consistent or improving ability to manage its payables efficiently during the periods analyzed.
Peer comparison
Jan 31, 2025