Cisco Systems Inc (CSCO)
Number of days of payables
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | — | — | — | 11.29 | — | 12.37 | — | 14.49 | — | 13.57 | — | 12.14 | — | 11.15 | — | 11.57 | — | 11.29 | — | 10.92 | |
Number of days of payables | days | — | — | — | 32.33 | — | 29.51 | — | 25.18 | — | 26.90 | — | 30.07 | — | 32.74 | — | 31.55 | — | 32.32 | — | 33.41 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Cisco Systems Inc fluctuated over the periods provided in the data. It ranged from a high of approximately 33.41 days in July 2022 to a low of around 25.18 days in January 2024. The trend indicates that the company was taking longer to pay its suppliers in the earlier periods, but the number of days decreased over time, suggesting a more efficient management of payables. Notably, in July 2023, the number of days decreased significantly to around 30.07 days.
However, there were instances where the data was not available (marked as "— days"), making it challenging to draw continuous conclusions. It is crucial for stakeholders to monitor the number of days of payables as it reflects the company's liquidity management and relationships with suppliers. Overall, the trend towards decreasing number of days of payables may indicate an improvement in Cisco Systems Inc's working capital management and financial health.
Peer comparison
Jan 31, 2025
See also:
Cisco Systems Inc Average Payables Payment Period (Quarterly Data)