Intuit Inc (INTU)

Number of days of payables

		Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	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
Payables turnover		4.71	3.67	3.59	5.60	4.97	3.97	4.19	5.12	4.93	3.29	3.54	3.98	3.26	2.52	2.31	3.47	2.70	2.56	2.82	5.25
Number of days of payables	days	77.46	99.36	101.57	65.24	73.41	92.00	87.03	71.26	74.09	110.95	103.03	91.76	111.81	144.65	157.83	105.11	135.11	142.44	129.39	69.52

July 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.71
= 77.46

The analysis of Intuit Inc's accounts payable days over the period covered reveals notable fluctuations and trends. Starting from approximately 69.52 days as of October 2020, there was a significant increase reaching a peak of 157.83 days in January 2022. This suggests that during this period, the company was taking longer to settle its payables, possibly indicating extended credit terms with suppliers or strategic delay in payments.

Subsequently, a general downward trend is observed from early 2022 onward. By October 2022, the number of days payable decreased to approximately 91.76 days. This decline accelerated through 2023, reaching a low of around 65.24 days in October 2024. The reduction indicates a shift toward quicker settlement of payables, which may improve supplier relationships but could also impact cash flow management if not aligned with operational needs.

The data also shows minor increases in certain periods, such as April 2024 (92.00 days) and January 2025 (101.57 days), suggesting some variability in payment behaviors or changes in credit policies.

Overall, the trend illustrates a movement from extended payment periods towards a more timely or accelerated approach to settling obligations. This shift could reflect strategic changes in working capital management, supplier negotiations, or operational considerations. The fluctuation in days payable should be examined further in relation to the company's liquidity position, cash flow strategies, and supplier terms to fully understand its implications.