Dell Technologies Inc (DELL)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Aug 2, 2024 | Jul 31, 2024 | May 3, 2024 | Apr 30, 2024 | Feb 2, 2024 | Jan 31, 2024 | Nov 3, 2023 | Oct 31, 2023 | Aug 4, 2023 | Jul 31, 2023 | May 5, 2023 | Apr 30, 2023 | Feb 3, 2023 | Jan 31, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 76,579,000 | 75,927,000 | 74,306,000 | 71,593,000 | 68,880,000 | 68,545,000 | 68,210,000 | 68,755,000 | 69,300,000 | 68,101,000 | 66,902,000 | 68,638,000 | 70,374,000 | 73,484,000 | 76,594,000 | 78,297,000 | 80,000,000 | 81,318,000 | 82,636,000 | 85,655,000 |
| Payables | US$ in thousands | — | — | 24,095,000 | — | 20,586,000 | — | 19,389,000 | — | — | — | — | — | 17,796,000 | — | 18,598,000 | — | — | 22,507,000 | — | 25,339,000 |
| Payables turnover | — | — | 3.08 | — | 3.35 | — | 3.52 | — | — | — | — | — | 3.95 | — | 4.12 | — | — | 3.61 | — | 3.38 |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $76,579,000K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to average accounts payable during a certain period. A higher turnover ratio indicates that the company is paying its suppliers more frequently.
Analyzing the payables turnover of Dell Technologies Inc based on the provided data, we see fluctuations in the ratio over the reported periods. The payables turnover was 3.38 on July 29, 2022, increased to 3.61 on October 28, 2022, reached its peak at 4.12 on February 3, 2023, and then declined to 3.35 on May 3, 2024.
The inconsistency in the payables turnover ratio may suggest variations in Dell's payment practices or changes in its relationship with suppliers. A downward trend in the ratio could indicate slower payments to suppliers, potentially leading to strained supplier relationships, while an upward trend may signify more efficient payment management.
Overall, Dell's payables turnover ratio fluctuates over the reported periods, and a detailed analysis of the company's accounts payable policies and supplier relationships would be necessary to fully understand the implications of these variations on its financial management.
Peer comparison
Jan 31, 2025