Home Depot Inc (HD)
Number of days of payables
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | 10.13 | — | 9.14 | |
| Number of days of payables | days | — | — | 36.02 | — | 39.92 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Home Depot Inc has shown a fluctuating trend over the period under consideration. As of January 29, 2023, the company had 39.92 days of payables, indicating that, on average, it took approximately 39.92 days to pay off its obligations to suppliers. Notably, there is missing data for January 31, 2023, and subsequent years, making it challenging to assess the consistency of the trend. However, as of January 28, 2024, the number of days of payables decreased to 36.02 days, suggesting a potential improvement in the company's ability to manage its payables effectively. Further analysis of subsequent periods would be necessary to gain a more comprehensive understanding of Home Depot Inc's payables management practices.
Peer comparison
Jan 31, 2025