Crowdstrike Holdings Inc (CRWD)

Number of days of payables

		Apr 30, 2024	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
Payables turnover		115.27	81.89	38.82	56.82	117.41	40.54	18.83	28.27	124.25	25.94	162.81	53.07	266.15	68.36	92.93	62.42	90.06	396.35
Number of days of payables	days	3.17	4.46	9.40	6.42	3.11	9.00	19.38	12.91	2.94	14.07	2.24	6.88	1.37	5.34	3.93	5.85	4.05	0.92

April 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 115.27
= 3.17

The number of days of payables for Crowdstrike Holdings Inc fluctuated over the past two years, indicating variability in the company's payment practices. On average, Crowdstrike took approximately 6 days to pay its payables, with the shortest delay occurring in Oct 2021 (1.37 days) and the longest in Oct 2022 (19.38 days). This suggests that the company may have experienced changes in its liquidity position or vendor payment terms during this period. Overall, monitoring this metric can provide insights into Crowdstrike's efficiency in managing its accounts payables and relationships with suppliers.