Domino’s Pizza Inc (DPZ)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 8, 2019 | Jun 16, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 19.95 | 22.80 | 26.29 | 25.43 | |
| Number of days of payables | days | 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 | 18.30 | 16.01 | 13.89 | 14.36 |
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 shown a fluctuating trend over the past eight quarters. In Q4 2023, the number of days of payables stood at 14.09 days, representing a slight increase from the previous quarter. Compared to the same quarter in the previous year, there has been a noticeable uptick in the number of days required to pay off payables.
Overall, the number of days of payables has ranged between 11.34 days and 14.09 days over the given period. This indicates variability in the company's ability to settle its short-term obligations to suppliers and vendors. Further analysis and comparison with industry benchmarks could provide valuable insights into Dominos Pizza Inc's payables management efficiency.
Peer comparison
Dec 31, 2023