National Beverage Corp (FIZZ)
Number of days of payables
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 | Apr 30, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | — | — | — | — | 9.25 | — | 10.47 | — | 9.95 | — | 8.61 | — | 8.59 | — | 11.47 | — | 9.76 | — | 9.66 | — | |
Number of days of payables | days | — | — | — | — | 39.44 | — | 34.88 | — | 36.69 | — | 42.40 | — | 42.50 | — | 31.81 | — | 37.40 | — | 37.79 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for National Beverage Corp fluctuated over the periods provided in the data. The company's payables turnover shows the average number of days it takes for National Beverage Corp to pay its suppliers. Based on the data:
- The number of days of payables ranged from 31.81 days to 42.50 days over the reported periods.
- The company had its lowest number of days of payables in January 2023 at 31.81 days and the highest in April 2023 at 42.50 days.
- The trend in the number of days of payables indicates some variability in how quickly National Beverage Corp settles its payables to suppliers.
- The company's ability to manage its payables effectively can impact its working capital management and overall financial health.
Overall, monitoring the number of days of payables can provide insights into National Beverage Corp's payment practices and financial efficiency. It is essential for investors and analysts to consider this ratio along with other financial metrics to assess the company's performance and financial stability.
Peer comparison
Jan 31, 2025