Dollar Tree Inc (DLTR)

Payables turnover

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Cost of revenue (ttm)	US$ in thousands	11,284,100	21,529,600	22,166,700	22,144,600	22,007,700	21,324,700	20,653,900	20,606,900	20,558,500	20,703,800	20,848,400	20,624,400	20,399,400	19,709,600	19,018,500	18,713,000	18,784,900	19,087,500	19,095,100	19,189,500
Payables	US$ in thousands	—	—	—	—	2,063,800	—	—	1,857,000	—	1,776,400	—	1,597,600	—	1,899,800	—	1,864,200	—	2,011,300	—	—
Payables turnover		—	—	—	—	10.66	—	—	11.10	—	11.65	—	12.91	—	10.37	—	10.04	—	9.49	—	—

January 31, 2025 calculation

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

The payables turnover ratio for Dollar Tree Inc fluctuates over the given periods. The ratio measures how efficiently the company pays its suppliers. A higher ratio indicates that the company is paying its suppliers more quickly.

From the data provided:
- The payables turnover ratio was not available for January, April, and July of 2022.
- In October 2022, the ratio was 10.04, showing an improvement in payment efficiency.
- The ratio further increased to 10.37 in January 2023, indicating an even more efficient payment cycle.
- By April 2023, the ratio rose significantly to 12.91, suggesting Dollar Tree was paying its suppliers at a faster rate.
- The ratio slightly decreased to 11.65 in July 2023 but remained relatively high, reflecting continued efficiency in payables management.
- In October 2023, the ratio was 11.10, indicating a slight decrease in efficiency compared to the previous period.
- A slight increase was observed in February 2024, with a ratio of 10.66.
- No data was available for payables turnover after February 2024.

Overall, Dollar Tree Inc demonstrated varying levels of efficiency in paying its suppliers during the analyzed periods, with some fluctuations in the payables turnover ratio. Monitoring this ratio can provide insights into the company's liquidity and supplier management practices.