Dollar General Corporation (DG)
Payables turnover
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 28,594,800 | 36,252,000 | 26,972,600 | 34,518,700 | 26,024,800 |
| Payables | US$ in thousands | — | 3,587,370 | — | 3,552,990 | — |
| Payables turnover | — | 10.11 | — | 9.72 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $28,594,800K ÷ $—K
= —
The payables turnover ratio for Dollar General Corporation demonstrates an average of 9.92 times over the observed period, signaling the firm's efficiency in managing its accounts payable. The consistent trend of around 10 times turnover indicates that Dollar General is effectively utilizing its accounts payable balance to support its operations and purchasing activities. However, the absence of data for certain periods may limit a comprehensive evaluation of the company's payables management performance during those times. It is important for investors and stakeholders to continue monitoring this ratio to assess Dollar General's ability to efficiently settle its short-term obligations with suppliers.
Peer comparison
Jan 31, 2025