DocuSign Inc (DOCU)

Number of days of payables

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Payables turnover 71.94 121.88 271.55 124.98 116.15 148.41 380.39 149.72 87.90 44.82 45.08 72.90 34.39 34.94 47.19 100.35 36.94 39.42 35.01 49.51
Number of days of payables days 5.07 2.99 1.34 2.92 3.14 2.46 0.96 2.44 4.15 8.14 8.10 5.01 10.61 10.45 7.73 3.64 9.88 9.26 10.43 7.37

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 71.94
= 5.07

DocuSign Inc's number of days of payables has shown some fluctuations over the periods reported. The metric indicates the average number of days it takes for the company to pay its suppliers or creditors.

From April 30, 2020, to July 31, 2024, the number of days of payables ranged from a low of 0.96 days to a high of 10.61 days. This indicates that the company has effectively managed its payables, with periods of shorter payment cycles followed by longer ones, and vice versa.

Between January 31, 2023, and January 31, 2025, there was a noticeable decrease in the number of days of payables, which could suggest improved efficiency in managing supplier payments. However, it's important to note that the metric fluctuated throughout the periods, reflecting changes in the company's payment practices or supplier relationships.

Overall, a lower number of days of payables may indicate that DocuSign Inc is paying its suppliers more quickly, which could be beneficial for maintaining good relationships with vendors. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its obligations, potentially impacting cash flow management.