National Beverage Corp (FIZZ)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 745,226 | 765,360 | 754,417 | 720,410 | 724,392 | 728,374 | 767,225 | 803,950 | 795,963 | 787,976 | 751,778 | 715,580 | 730,988 | 746,396 | 791,551 | 836,706 | 823,539 | 789,026 | 735,434 | 698,391 |
| Payables | US$ in thousands | — | — | — | — | 78,283 | — | 73,310 | — | 80,003 | — | 87,323 | — | 85,106 | — | 68,988 | — | 84,378 | — | 76,151 | — |
| Payables turnover | — | — | — | — | 9.25 | — | 10.47 | — | 9.95 | — | 8.61 | — | 8.59 | — | 11.47 | — | 9.76 | — | 9.66 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $745,226K ÷ $—K
= —
The payables turnover ratio for National Beverage Corp provides insight into how efficiently the company is managing its accounts payable. The payables turnover ratio is calculated as the cost of goods sold divided by the average accounts payable during a specific period.
Based on the data provided, we can observe fluctuations in the payables turnover ratio over different reporting periods. For instance, the payables turnover ratio was 9.66 for July 30, 2022, increased to 11.47 for January 28, 2023, and then decreased to 8.59 for April 29, 2023.
A higher payables turnover ratio generally indicates that the company is paying off its suppliers more quickly, which can be a positive sign of efficiency in managing working capital. Conversely, a lower payables turnover ratio might suggest that the company is taking longer to pay its suppliers, potentially impacting relationships with suppliers or signaling liquidity issues.
Overall, analyzing the trend of the payables turnover ratio over time can provide valuable insights into National Beverage Corp's management of accounts payable and its overall financial health.
Peer comparison
Jan 31, 2025