Dycom Industries Inc (DY)
Number of days of payables
| Oct 26, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 16.60 | 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 | |
| Number of days of payables | days | 21.99 | 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 |
October 26, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 16.60
= 21.99
Based on the data provided, Dycom Industries Inc's number of days of payables has fluctuated over the past few years. The average number of days of payables over this period is approximately 23 days. This indicates that, on average, the company takes around 23 days to pay its trade creditors.
There are some notable fluctuations in the number of days of payables, with the lowest being around 20 days and the highest peaking at around 51 days. These fluctuations could be influenced by various factors such as changes in the company's payment policies, negotiations with suppliers, or changes in the industry and economic conditions.
Overall, a careful analysis of Dycom Industries Inc's number of days of payables suggests that the company manages its payables reasonably well, but it is essential to monitor any significant deviations from the average to ensure healthy cash flow management and relationships with suppliers.
Peer comparison
Oct 26, 2024