DocuSign Inc (DOCU)
Number of days of payables
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 72.09 | 116.15 | 87.90 | 34.19 | 36.96 | |
| Number of days of payables | days | 5.06 | 3.14 | 4.15 | 10.67 | 9.88 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 72.09
= 5.06
The number of days of payables for DocuSign Inc has shown a fluctuating trend over the past five years. In January 2021, the company took approximately 9.88 days to pay its suppliers, which increased slightly to 10.67 days by January 2022. However, there was a notable decrease in the number of days of payables by January 2023, dropping to 4.15 days. This trend continued in the following year, with the number of days of payables further reducing to 3.14 days by January 2024. Subsequently, there was a slight increase to 5.06 days by January 2025.
The decreasing trend in the number of days of payables can indicate improved efficiency in managing accounts payable, as the company is taking less time to settle its outstanding obligations to suppliers. However, it is essential to consider the reasons behind these fluctuations, as both excessively long and short payment periods can have implications for the company's cash flow management and relationships with suppliers. Further analysis and monitoring of this ratio would provide more insights into DocuSign Inc's financial health and operating performance.
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Jan 31, 2025