Cisco Systems Inc (CSCO)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 23,306,000 | 23,034,000 | 26,471,000 | 26,009,000 | 24,903,000 | 25,406,000 | 25,730,000 | 26,786,000 | 28,048,000 | 28,276,000 | 28,367,000 | 28,077,000 | 27,274,000 | 27,221,000 | 26,956,000 | 26,941,000 | 26,724,000 | 26,152,000 | 22,516,000 | 24,916,000 |
| Payables | US$ in thousands | — | — | — | 2,304,000 | — | 2,054,000 | — | 1,848,000 | — | 2,084,000 | — | 2,313,000 | — | 2,442,000 | — | 2,329,000 | — | 2,316,000 | — | 2,281,000 |
| Payables turnover | — | — | — | 11.29 | — | 12.37 | — | 14.49 | — | 13.57 | — | 12.14 | — | 11.15 | — | 11.57 | — | 11.29 | — | 10.92 |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $23,306,000K ÷ $—K
= —
The payables turnover ratio for Cisco Systems Inc shows a fluctuating trend over the reported financial periods. The ratio indicates how efficiently the company is managing its accounts payable by measuring the number of times a company pays off its suppliers during a specific period.
In the latest available data, for January 31, 2025, the payables turnover was not reported, suggesting a lack of information for analysis. However, historically, the payables turnover ratio ranged from 10.92 to 14.49 times, indicating that Cisco has been effectively managing its payables during these periods.
The increasing trend from July 29, 2023, to January 27, 2024, reaching a peak of 14.49, suggests that the company was paying off its suppliers more frequently during this time, possibly improving its relationships with vendors and managing its working capital more efficiently.
Subsequently, the ratio decreased in the following periods, indicating a slower payment pace or potentially a change in the company's relationship with suppliers or its purchasing volume.
Overall, the variations in the payables turnover ratio for Cisco Systems Inc highlight the company's management of accounts payable and its ability to fulfill its financial obligations to suppliers in a timely manner. It is essential for investors and stakeholders to monitor these trends to assess the company's liquidity, efficiency, and vendor relationships.
Peer comparison
Jan 31, 2025