Dycom Industries Inc (DY)
Number of days of payables
| Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 16.49 | 17.44 | 16.34 | 16.74 | 17.37 | 17.91 | 16.34 | 16.34 | 16.67 | 16.85 | 17.80 | 15.92 | 15.66 | 15.92 | 18.28 | 15.76 | 12.66 | 8.14 | 7.11 | 2.55 | |
| Number of days of payables | days | 22.13 | 20.93 | 22.34 | 21.80 | 21.01 | 20.38 | 22.34 | 22.33 | 21.89 | 21.66 | 20.51 | 22.93 | 23.31 | 22.93 | 19.96 | 23.16 | 28.84 | 44.82 | 51.31 | 143.37 |
July 27, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 16.49
= 22.13
The number of days of payables for Dycom Industries Inc has shown some fluctuations over the periods in question. The trend indicates that the company takes an average of around 20-23 days to pay its creditors for goods and services purchased. However, there are instances where the number of days extends beyond this range, such as in Oct 26, 2019, Jan 25, 2020, and Jul 25, 2020, where the number of days of payables exceeded 40 days.
It is essential to closely monitor the number of days of payables to ensure effective cash flow management and maintain good relationships with suppliers. Instances of significantly higher number of days of payables, like in some of the earlier periods mentioned, may require further investigation to understand the reasons behind the extended payment periods and address any potential concerns.
Peer comparison
Jul 27, 2024