Copart Inc (CPRT)
Number of days of payables
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | 13.41 | — | — | — | 11.49 | — | — | — | 9.66 | — | — | — | 9.01 | — | — | — | 10.04 | — | |
| Number of days of payables | days | — | — | 27.23 | — | — | — | 31.76 | — | — | — | 37.77 | — | — | — | 40.50 | — | — | — | 36.37 | — |
January 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Copart, Inc. has been inconsistent and incomplete based on the data provided. In Q4 2023, the number of days of payables was 106.93 days, indicating that the company took approximately 106.93 days to pay its suppliers. However, there is missing data for the other quarters, making it challenging to assess the trend or make meaningful comparisons. In Q4 2022, the number of days of payables was 116.74 days, suggesting a longer payment period compared to Q4 2023. Without additional data points or a complete time series, it is difficult to draw definitive conclusions about the efficiency of Copart's payable management.
Peer comparison
Jan 31, 2024