Intuit Inc (INTU)
Number of days of payables
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.58 | 4.81 | 4.93 | 3.26 | 2.70 | |
| Number of days of payables | days | 79.77 | 75.95 | 74.09 | 111.81 | 135.11 |
July 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.58
= 79.77
The analysis of Intuit Inc.'s number of days of payables over the specified period indicates a notable trend towards a reduction in the accounts payable period from July 31, 2021, through July 31, 2023. Specifically, the days of payables decreased from 135.11 days in 2021 to 111.81 days in 2022, reflecting an improvement in the company's accounts payable management or a strategic effort to settle liabilities more promptly. This downward trend continued into 2023, reaching a low of 74.09 days, suggesting further acceleration in paying suppliers or vendors.
Subsequently, the figure modestly increased to 75.95 days in 2024, and then to 79.77 days in 2025, indicating a slight elongation of the payable period. The overall pattern demonstrates a significant reduction in the days of payables during the initial two-year span, followed by a stabilization and minor increase in subsequent years. This shift could be indicative of changes in the company's cash management policies, vendor credit terms, or operational needs, reflecting a strategic realignment or external factors impacting the company's payment cycle.
Peer comparison
Jul 31, 2025