Dollar Tree Inc (DLTR)

Payables turnover

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Cost of revenue US$ in thousands 11,284,100 21,294,200 21,272,000 19,396,300 19,409,800
Payables US$ in thousands 2,063,800 1,899,800
Payables turnover 10.32 10.22

January 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $11,284,100K ÷ $—K
= —

Based on the provided data for Dollar Tree Inc's payables turnover ratio, we observe the following:

- On January 28, 2023, the payables turnover ratio was 10.22.
- The payables turnover ratio was not provided for January 31, 2023 and January 31, 2024.
- On February 3, 2024, the payables turnover ratio improved to 10.32.
- No data is available for the payables turnover ratio as of January 31, 2025.

The payables turnover ratio indicates how efficiently a company is managing its accounts payable by measuring how many times a company pays off its suppliers during a given period. A higher ratio generally suggests that the company is paying its suppliers more quickly.

The fluctuations in Dollar Tree Inc's payables turnover ratio may be influenced by various factors such as changes in payment terms with suppliers, inventory management practices, or overall changes in the company's operations.

It is important for the company to closely monitor its payables turnover ratio to ensure effective working capital management and optimize its relationships with suppliers. The slight improvement in the ratio from 10.22 to 10.32 between January 28, 2023, and February 3, 2024, indicates a potential enhancement in the company's efficiency in managing its accounts payable during this period.


See also:

Dollar Tree Inc Payables Turnover