National Beverage Corp (FIZZ)
Number of days of payables
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 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 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.19 | 11.90 | 10.99 | 10.21 | 9.20 | 9.25 | 9.94 | 10.47 | 10.05 | 9.95 | 9.02 | 8.61 | 8.41 | 8.59 | 10.82 | 11.47 | 9.92 | 9.76 | 10.36 | 9.66 | |
| Number of days of payables | days | 39.73 | 30.68 | 33.21 | 35.75 | 39.66 | 39.44 | 36.74 | 34.88 | 36.32 | 36.69 | 40.45 | 42.40 | 43.41 | 42.50 | 33.74 | 31.81 | 36.81 | 37.40 | 35.23 | 37.79 |
April 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.19
= 39.73
The analysis of National Beverage Corp's number of days of payables over the observed period reveals notable fluctuations with a general trend towards stabilization within a certain range. Initially, the company's payment period was approximately 37.79 days on July 30, 2022, decreasing slightly to 35.23 days by July 31, 2022. In the subsequent months, the days of payables experienced minor variations, reaching a peak of approximately 43.41 days on April 30, 2023, indicating a period of extended credit management.
Following this peak, the days of payables exhibited some reduction, with figures such as 42.40 days on July 29, 2023, and further down to around 36.69 days on October 28, 2023. The trend continued with slight decreases and fluctuations, reaching approximately 33.21 days in October 2024, which represents a significant reduction compared to earlier years.
The data indicates a tendency towards shorter payment periods over the observed period, with a notable low of approximately 30.68 days recorded on January 31, 2025. Despite some short-term increases, the overall pattern suggests that the company's payables management is gradually evolving toward more prompt payments, potentially reflecting improved cash flow management or strategic changes in credit terms with suppliers.
Overall, the company's days of payables demonstrates a pattern of initial stability, a period of extended credit, and subsequent adjustments towards more efficient payment cycles, culminating in a lower and more consistent range in the later dates.
Peer comparison
Apr 30, 2025