Nordstrom Inc (JWN)
Number of days of payables
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 4.32 | — | — | 4.14 | |
| Number of days of payables | days | — | 84.40 | — | — | 88.15 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
To analyze Nordstrom Inc's number of days of payables, we observe the trend over multiple periods. The number of days of payables is a measure of how long, on average, a company takes to pay its suppliers.
On January 28, 2023, Nordstrom had an average payment period of 88.15 days, indicating that the company took just over 88 days to settle its payables. However, on January 31, 2023, and January 31, 2024, the data is not available ("— days"), which may suggest a lack of clarity or data for those respective periods.
Moving forward to February 3, 2024, the number of days of payables decreased to 84.40 days. This reduction could imply that Nordstrom improved its efficiency in paying suppliers or managed its working capital more effectively.
As of January 31, 2025, the data is again not provided ("— days"), making it challenging to assess the company's payables management at that point in time.
Overall, while the available data shows fluctuations and lack of information for some periods, monitoring the number of days of payables can provide insights into Nordstrom's payment practices and working capital management strategies.
Peer comparison
Jan 31, 2025