Dycom Industries Inc (DY)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 4,022,601 | 4,193,014 | 4,152,445 | 4,046,645 | 3,883,875 | 3,616,893 | 3,536,714 | 3,494,897 | 3,488,622 | 3,615,985 | 3,582,689 | 3,541,739 | 3,476,988 | 3,323,905 | 3,321,436 | 3,315,808 | 3,383,475 | 3,493,033 | 3,387,866 | 3,110,905 |
| Payables | US$ in thousands | — | — | 241,007 | — | 233,533 | — | 212,887 | — | 222,121 | — | 215,278 | — | 204,776 | — | 196,183 | — | 207,739 | — | 200,980 | — |
| Payables turnover | — | — | 17.23 | — | 16.63 | — | 16.61 | — | 15.71 | — | 16.64 | — | 16.98 | — | 16.93 | — | 16.29 | — | 16.86 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,022,601K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company is able to manage its accounts payable. It is calculated by dividing the total purchases made on credit by the average accounts payable balance. In the case of Dycom Industries Inc, the payables turnover has been relatively consistent over the periods provided, ranging from 15.71 to 17.23.
A higher payables turnover ratio indicates that the company is paying off its suppliers more quickly, which can be a positive sign of good liquidity and strong supplier relationships. Conversely, a lower ratio may suggest that the company is taking longer to pay its suppliers, which could potentially strain relationships or indicate cash flow issues.
In this analysis, Dycom Industries Inc appears to be managing its accounts payable efficiently, with the payables turnover ratio consistently around the mid to high 16s. However, the absence of data for some periods may limit the ability to draw a comprehensive trend analysis. It would be important to monitor this ratio over time to assess any significant changes in the company's accounts payable management.
Peer comparison
Jan 31, 2025