Domino's Pizza Inc Common Stock (DPZ)
Number of days of payables
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 33.27 | 29.06 | 25.48 | 24.86 | 25.90 | 27.39 | 31.16 | 30.84 | 32.20 | 31.16 | 27.86 | 29.42 | 29.16 | 23.74 | 25.32 | 27.19 | 26.70 | 27.27 | 22.39 | 23.66 | |
| Number of days of payables | days | 10.97 | 12.56 | 14.33 | 14.68 | 14.09 | 13.32 | 11.71 | 11.84 | 11.34 | 11.71 | 13.10 | 12.41 | 12.52 | 15.38 | 14.42 | 13.42 | 13.67 | 13.39 | 16.30 | 15.43 |
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 few years, indicating the company's ability to settle its outstanding obligations in a relatively shorter period. As of December 31, 2024, the company had an average of 10.97 days of payables, suggesting efficient management of its trade payables. This improvement in the number of days of payables may indicate effective cash flow management and strong vendor relationships. However, it is important to continue monitoring this ratio to ensure sustainability and assess the impact on the company's liquidity and working capital management.
Peer comparison
Dec 31, 2024