Sprinklr Inc (CXM)

Number of days of payables

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Payables turnover		17.80	19.90	32.86
Number of days of payables	days	20.51	18.34	11.11

January 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.80
= 20.51

Sprinklr Inc's number of days of payables has shown an increasing trend over the past three years, as indicated by the figures of 20.51 days, 18.34 days, and 11.11 days for January 31, 2024, January 31, 2023, and January 31, 2022, respectively. This suggests that the company is taking longer to pay its suppliers compared to previous years. A higher number of days of payables can indicate a potential liquidity advantage for the company, as it can retain cash for a longer period before settling its obligations. However, it may also signal a strain on relationships with suppliers if payment terms are being stretched. Further analysis of the company's cash flow management and supplier relationships would provide additional insights into the implications of this trend on Sprinklr Inc's financial health.