Nordstrom Inc (JWN)

Based on the data provided, the number of days of payables for Nordstrom Inc has shown fluctuations over the past five years. In the most recent fiscal year, as of February 3, 2024, the company's number of days of payables stood at 84.40 days, indicating that, on average, Nordstrom takes approximately 84 days to pay off its trade payables.

Comparing this figure to the previous years, it is evident that Nordstrom has been managing its payables more efficiently in the current year compared to prior years. For instance, in January 2023, the number of days of payables was higher at 88.15 days, suggesting a slight improvement in payment efficiency over the year.

In the fiscal year ending January 29, 2022, the number of days of payables increased significantly to 110.71 days, indicating that Nordstrom took longer to settle its trade payables during that period. Furthermore, in January 30, 2021, the number of days of payables climbed even higher to 163.07 days, reflecting a prolonged payment period, which may have implications for cash flow management and vendor relations.

Conversely, on February 1, 2020, Nordstrom managed to significantly reduce its number of days of payables to 55.72 days, suggesting a more efficient payment cycle compared to the other years analyzed.

Overall, the trend in Nordstrom's number of days of payables indicates fluctuations in the company's payment practices over the years, with a notable improvement in the most recent fiscal year, possibly reflecting efforts to enhance working capital management and vendor relationships.

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Feb 3, 2024