Dell Technologies Inc (DELL)
Number of days of payables
Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 2.96 | 3.36 | 3.48 | — | — | 4.22 | 4.28 | 3.67 | 3.34 | 3.22 | 2.92 | 2.86 | 3.12 | 3.19 | 3.08 | 3.24 | 3.26 | 3.48 | 3.20 | 3.27 | |
Number of days of payables | days | 123.42 | 108.76 | 104.76 | — | — | 86.39 | 85.26 | 99.33 | 109.35 | 113.45 | 124.92 | 127.54 | 116.82 | 114.28 | 118.35 | 112.62 | 111.84 | 104.94 | 114.12 | 111.57 |
August 2, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.96
= 123.42
The number of days of payables for Dell Technologies Inc has been fluctuating over the past few years. Based on the data provided, the trend shows that Dell's days of payables have ranged from a low of 85.26 days to a high of 127.54 days. This metric indicates how long, on average, Dell takes to pay its suppliers.
In the most recent quarter of data available, Dell's number of days of payables was 123.42 days, which suggests that the company is taking longer to pay its suppliers compared to the previous quarters. It is essential to monitor this metric closely as an increase in the number of days of payables could indicate potential liquidity issues or strained relationships with suppliers.
Overall, Dell's management should continue to evaluate and optimize their payables management strategy to maintain healthy supplier relationships while effectively managing their cash flow position.
Peer comparison
Aug 2, 2024
See also:
Dell Technologies Inc Average Payables Payment Period (Quarterly Data)