Designer Brands Inc (DBI)
Number of days of payables
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.26 | 6.74 | 7.26 | 7.58 | 8.76 | 7.17 | 6.60 | 5.95 | 6.24 | 5.07 | 6.62 | 5.56 | 7.85 | 5.58 | 10.00 | 8.44 | 8.34 | 9.40 | 8.30 | 10.46 | |
| Number of days of payables | days | 50.29 | 54.12 | 50.25 | 48.18 | 41.68 | 50.90 | 55.33 | 61.36 | 58.47 | 72.01 | 55.14 | 65.62 | 46.50 | 65.39 | 36.51 | 43.26 | 43.79 | 38.83 | 43.96 | 34.91 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.26
= 50.29
The number of days of payables for Designer Brands Inc has shown some fluctuations over the past twenty periods. On average, the company takes around 50 days to pay its suppliers. The trend indicates that the number of days of payables has been relatively stable, with occasional deviations from the average. There was a notable increase in days of payables in January 2022 and October 2021, which may indicate a change in the company's payment policies or supplier relationships during those periods. However, it is important to note that the company has managed to maintain its payables within a reasonable range, reflecting effective working capital management. Further analysis of the underlying factors driving these fluctuations would provide more insights into the company's financial health and operational efficiency.
Peer comparison
Feb 3, 2024