Capri Holdings Ltd (CPRI)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 5.20 | 3.99 | 3.44 | 2.86 | |
| Number of days of payables | days | — | 70.17 | 91.49 | 106.06 | 127.74 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Capri Holdings Ltd has shown a consistent downward trend over the past five years, indicating an improvement in the company's ability to manage its payables effectively.
As of March 31, 2021, the company took approximately 127.74 days to pay its obligations to suppliers. Over the subsequent years, there has been a notable reduction in this metric, with the number of days of payables decreasing to 106.06 days as of March 31, 2022, further dropping to 91.49 days as of March 31, 2023, and continuing to decline to 70.17 days as of March 31, 2024.
However, the data for March 31, 2025, is not available ("— days"). This may suggest missing or undisclosed information for this period, making it challenging to assess the trend further.
Overall, the decreasing trend in the number of days of payables for Capri Holdings Ltd reflects an improvement in the company's efficiency in managing its accounts payable, potentially leading to enhanced cash flow management and relationships with suppliers.
Peer comparison
Mar 31, 2025