Dell Technologies Inc (DELL)
Number of days of payables
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.48 | 4.28 | 2.92 | 3.08 | 3.20 | |
| Number of days of payables | days | 104.76 | 85.26 | 124.92 | 118.35 | 114.12 |
February 2, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.48
= 104.76
The number of days of payables for Dell Technologies Inc has fluctuated over the past five years. As of February 2, 2024, the company took approximately 104.76 days, on average, to pay its suppliers. This represents an increase compared to the previous year where the number of days of payables was 85.26 days on February 3, 2023.
Looking further back, on January 28, 2022, Dell had an average of 124.92 days of payables, which was higher than the current period. Similarly, on January 29, 2021, the number of days of payables was 118.35 days, showing a slight decrease compared to the prior year. On January 31, 2020, the company took approximately 114.12 days to settle its payables.
Overall, Dell Technologies Inc has experienced fluctuations in its number of days of payables over the past five years, suggesting variations in its payment practices and supplier relationships. It is essential for the company to monitor and manage its payables effectively to maintain positive vendor relations and optimize its working capital management.
Peer comparison
Feb 2, 2024