Hewlett Packard Enterprise Co (HPE)
Number of days of payables
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 0.55 | 0.61 | 0.61 | 0.76 | 0.86 | 1.22 | 1.21 | 1.04 | 0.76 | 0.84 | 1.03 | 0.86 | 0.81 | 1.39 | 1.62 | 1.87 | 1.82 | 1.60 | 1.87 | 1.80 | |
| Number of days of payables | days | 668.38 | 595.25 | 595.91 | 478.71 | 422.01 | 299.04 | 300.98 | 352.59 | 478.88 | 434.54 | 354.44 | 424.50 | 451.51 | 262.05 | 225.35 | 194.68 | 200.53 | 227.74 | 194.76 | 203.02 |
October 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.55
= 668.38
The number of days of payables for Hewlett Packard Enterprise Co has varied over the past few years. It appears that the company takes a considerable amount of time to pay its outstanding liabilities to creditors. The trend indicates that the number of days of payables has been fluctuating, with some periods showing longer payment cycles than others.
The data reveals that the number of days of payables has ranged from a low of 194.68 days to a high of 668.38 days. This suggests that the company has experienced significant shifts in its payment patterns over the analyzed periods. A higher number of days of payables can indicate that Hewlett Packard Enterprise Co is taking longer to settle its outstanding debts, potentially reflecting cash flow challenges or negotiation tactics with suppliers.
Analyzing this metric in conjunction with other financial ratios and performance indicators can provide further insights into the company's financial health and operational efficiency. It is important to monitor the number of days of payables over time to assess the company's ability to manage its working capital effectively and maintain healthy supplier relationships.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Average Payables Payment Period (Quarterly Data)