Domino’s Pizza Inc (DPZ)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 25.90 | 32.20 | 29.16 | 26.70 | 19.95 | |
| Number of days of payables | days | 14.09 | 11.34 | 12.52 | 13.67 | 18.30 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 25.90
= 14.09
The number of days of payables for Dominos Pizza Inc has been relatively stable over the past five years, ranging from 11.34 days to 18.30 days. The company takes approximately 14.09 days to pay its suppliers as of December 31, 2023. This indicates that Dominos Pizza Inc has a comparatively efficient payables management process in place, as a lower number of days signifies quicker payments to suppliers. The consistent range of days of payables suggests that the company has been able to effectively manage its supplier relationships and liquidity position over the years.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
Domino’s Pizza Inc
DPZ
14.09
Sysco Corporation
SYY
35.74
US Foods Holding Corp
USFD
21.44