National Beverage Corp (FIZZ)

The provided data for National Beverage Corp’s payables turnover reveals a relatively stable efficiency in managing accounts payable obligations over the specified periods. As of April 29 and April 30, 2023, the payables turnover ratio was recorded at 9.12, indicating the company was able to settle its trade payables approximately 9.12 times within that fiscal period. This suggests a moderate pace of payments to suppliers and indicates a balance between maintaining good supplier relationships and optimizing cash flow.

By April 27 and April 30, 2024, the payables turnover increased to 9.75, reflecting a slight improvement in the speed at which the company settled its liabilities to creditors. An increase in the ratio implies that, during this period, the company paid off its creditors more frequently or promptly compared to the previous year, potentially indicating improved liquidity or a strategic shift towards faster payments.

In the subsequent period ending April 30, 2025, the ratio slightly decreased to 9.19. This marginal decline relative to the 2024 figure indicates a slight slowdown in the frequency of payments to suppliers. Nevertheless, the ratio remained close to the prior year’s level, maintaining a consistent payables management pattern across the periods analyzed.

Overall, the trends suggest that National Beverage Corp has maintained a fairly steady payables turnover ratio, with only minor fluctuations. These movements highlight a relatively stable approach to managing short-term liabilities, balancing liquidity considerations with supplier relationships. The incremental changes over the years are indicative of consistent operational practices concerning accounts payable.

Peer comparison

Apr 30, 2025