Crowdstrike Holdings Inc (CRWD)

Number of days of payables

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Payables turnover		81.89	40.54	25.94	68.18	396.49
Number of days of payables	days	4.46	9.00	14.07	5.35	0.92

January 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 81.89
= 4.46

The number of days of payables for Crowdstrike Holdings Inc has fluctuated over the past five years. In January 2024, the company had 4.46 days of payables, indicating that it takes approximately 4.46 days for the company to pay off its accounts payable. This represents a significant improvement compared to the prior year, where the number of days of payables was 9.00 days.

Looking further back, in January 2022, the number of days of payables was 14.07 days, showing that the company took longer to pay off its accounts payable compared to recent years. In the following year, the number of days of payables decreased to 5.35 days, signaling an improvement in payables management.

In January 2020, Crowdstrike Holdings Inc had only 0.92 days of payables, suggesting that the company was efficiently managing its accounts payable by paying them off quickly. It is important to note that a lower number of days of payables generally indicate more efficient management of payables and better liquidity position. Overall, the trend in Crowdstrike's number of days of payables reflects fluctuations in the company's payment practices and financial management over the past five years.