Domino's Pizza Inc Common Stock (DPZ)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 33.27 | 25.90 | 32.20 | 29.16 | 26.70 | |
| Number of days of payables | days | 10.97 | 14.09 | 11.34 | 12.52 | 13.67 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 33.27
= 10.97
Domino's Pizza Inc Common Stock has shown a decreasing trend in the number of days of payables over the past five years. The company's ability to pay its suppliers within the specified time period has improved from 13.67 days as of December 31, 2020, to 10.97 days as of December 31, 2024. This suggests that the company is managing its payables more efficiently, potentially enhancing its relationships with suppliers and optimizing its working capital utilization. The slight increase in the number of days of payables to 14.09 days as of December 31, 2023, may require further investigation to understand any underlying factors contributing to the change. Overall, a lower number of days of payables indicates better cash flow management and liquidity for the company.
Peer comparison
Dec 31, 2024