Dollar General Corporation (DG)
Number of days of payables
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 10.11 | — | 9.72 | — | |
| Number of days of payables | days | — | 36.12 | — | 37.57 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Dollar General Corporation shows fluctuations over the years. Based on the available data, the number of days of payables was not provided for January 31, 2023, and January 31, 2024. However, as of February 3, 2023, the company had an average of 37.57 days to pay its payables, and by February 2, 2024, this number had decreased to 36.12 days.
The trend suggests that Dollar General Corporation may be managing its payables more efficiently over the years, as the number of days to pay suppliers has decreased slightly. A lower number of days of payables can indicate that the company is paying its suppliers more quickly, potentially indicating strong cash flow or good relationships with suppliers. It is important to monitor this ratio over time to assess the company's ability to manage its payables effectively.
Peer comparison
Jan 31, 2025