Jack In The Box Inc (JACK)
Number of days of payables
| Sep 30, 2024 | Jul 7, 2024 | Apr 14, 2024 | Jan 21, 2024 | Sep 30, 2023 | Jul 9, 2023 | Apr 16, 2023 | Jan 22, 2023 | Sep 30, 2022 | Jul 10, 2022 | Apr 17, 2022 | Jan 23, 2022 | Sep 30, 2021 | Jun 30, 2021 | Apr 11, 2021 | Jan 17, 2021 | Sep 30, 2020 | Jul 5, 2020 | Apr 12, 2020 | Jan 19, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.57 | 11.25 | 9.83 | 11.90 | 10.28 | 17.16 | 15.13 | 22.58 | 10.98 | 11.24 | 9.29 | 17.54 | 13.02 | 10.29 | 13.88 | 16.99 | 8.14 | 5.17 | 3.26 | 9.79 | |
| Number of days of payables | days | 34.52 | 32.43 | 37.14 | 30.67 | 35.50 | 21.27 | 24.12 | 16.16 | 33.26 | 32.46 | 39.27 | 20.80 | 28.03 | 35.46 | 26.30 | 21.48 | 44.86 | 70.58 | 111.99 | 37.27 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.57
= 34.52
The number of days of payables for Jack In The Box Inc has shown fluctuations over the periods analyzed. The company's ability to pay its suppliers within a certain timeframe varied from as low as 16.16 days to as high as 111.99 days. Generally, the number of days of payables has been within the range of 20 to 40 days, with occasional spikes indicating potential liquidity challenges.
It is important to monitor the trend in the number of days of payables over time to assess the company's efficiency in managing its trade credit obligations and maintain healthy supplier relationships. Fluctuations in this ratio may indicate changes in purchasing patterns, negotiation terms with suppliers, or potential cash flow constraints. Further analysis and comparison with industry benchmarks can provide deeper insights into Jack In The Box Inc's payment practices and working capital management.
Peer comparison
Sep 30, 2024