National Beverage Corp (FIZZ)

The analysis of National Beverage Corp's number of days of payables indicates a relatively stable yet slightly evolving trend over the analyzed period. As of April 29 and April 30, 2023, the company's accounts payable period was consistent at approximately 40.02 days, suggesting a standard credit policy with suppliers during that time.

Moving into April 2024, the number of days of payables decreased to approximately 37.44 days, reflecting a reduction of about 2.58 days compared to the previous year’s period. This decline could imply improved cash management or a strategic tightening of payment terms to accelerate cash outflows, although it might also indicate negotiated shorter credit terms with suppliers.

By April 2025, the number of days of payables increased again to approximately 39.73 days, approaching the levels observed in 2023 but still slightly below the initial 2023 figure. This uptick from the previous year’s figure may denote a slight shift back toward longer payment cycles or negotiated extensions with suppliers.

Overall, the company's accounts payable period demonstrates modest fluctuations within a range of approximately 37.44 to 40.02 days across the analyzed years. These variations suggest a relatively stable approach to managing payables, with minor adjustments likely aligned with company cash flow strategies or supplier negotiations. The trend indicates neither significant deterioration nor substantial improvements in the company's short-term liquidity and working capital management concerning its payables schedule.

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Apr 30, 2025