H B Fuller Company (FUL)

The number of days of payables for H.B. Fuller Company has exhibited fluctuations over the past five years. As of December 2, 2023, the company takes an average of 64.14 days to pay its trade payables, showing an increase from the previous year's 60.36 days. This suggests a lengthening of the average time taken to settle its payables. In comparison, in November 27, 2021, the number of days of payables was notably higher at 75.07 days, indicating a longer period taken to pay trade payables in that year. The lowest number of days of payables was observed on November 30, 2019, at 52.19 days, indicating a shorter average payment period. These fluctuations may reflect changes in the company's payment policies, supplier relationships, or overall working capital management. An upward trend in the number of days of payables may highlight a need for the company to assess its payables management and liquidity position.