H B Fuller Company (FUL)
Number of days of payables
| Nov 30, 2024 | Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.10 | 5.69 | 6.05 | 4.86 | 6.43 | |
| Number of days of payables | days | 71.55 | 64.14 | 60.36 | 75.07 | 56.80 |
November 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.10
= 71.55
The number of days of payables for H B Fuller Company has seen fluctuations over the past five years. Starting at 56.80 days on November 28, 2020, it increased to 75.07 days by November 27, 2021, suggesting a longer period to pay off its payables. Subsequently, there was a slight decrease to 60.36 days by December 3, 2022, before increasing again to 64.14 days by December 2, 2023. The most recent data point shows an increase to 71.55 days on November 30, 2024, indicating that the company is taking longer to settle its payables. Overall, there has been variability in the number of days of payables, indicating changes in the company's payment practices and relationships with suppliers over the years.
Peer comparison
Nov 30, 2024