Home Depot Inc (HD)

Number of days of payables

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Payables turnover		—	—	—	—	—	10.16	—	9.34	—	8.37	—	—	9.13	—	8.59	—	6.46	—	—	7.65
Number of days of payables	days	—	—	—	—	—	35.92	—	39.08	—	43.63	—	—	39.96	—	42.51	—	56.52	—	—	47.70

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

Based on the data provided, the number of days of payables for Home Depot Inc fluctuates over time.

- In January 2022, the number of days of payables was 47.70 days.
- In May 2022, it increased to 56.52 days.
- By October 2022, it decreased to 42.51 days.
- In January 2023, it further decreased to 39.96 days.
- In July 2023, it slightly increased to 43.63 days.
- By October 2023, it decreased to 39.08 days.
- In January 2024, it decreased to 35.92 days.

Notably, the number of days of payables for Home Depot Inc has been fluctuating over the years, with a decreasing trend observed from 2022 to 2024. This metric is essential for assessing the efficiency of the company's payables management and its ability to manage its obligations to suppliers within a specified time frame. It will be useful to continue monitoring this ratio in the future to evaluate the company's performance and financial health.