Korn Ferry (KFY)
Number of days of payables
| 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 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 43.94 | 48.32 | 50.03 | 44.65 | 42.09 | 52.69 | 43.56 | 38.05 | 39.45 | 41.11 | 43.24 | 35.28 | 34.86 | 37.74 | 39.74 | 41.69 | 34.53 | 45.64 | 51.87 | 47.65 | |
| Number of days of payables | days | 8.31 | 7.55 | 7.30 | 8.17 | 8.67 | 6.93 | 8.38 | 9.59 | 9.25 | 8.88 | 8.44 | 10.35 | 10.47 | 9.67 | 9.19 | 8.75 | 10.57 | 8.00 | 7.04 | 7.66 |
April 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 43.94
= 8.31
The number of days of payables for Korn Ferry has shown some fluctuations over the past several periods, ranging from a low of 6.93 days to a high of 10.57 days. The trend indicates that the company takes, on average, between 7 to 10 days to pay its suppliers and vendors. A lower number of days of payables suggests that the company is paying its bills more quickly, potentially indicating strong liquidity or good relationships with suppliers. On the other hand, a higher number of days indicates a longer period taken to settle payables, which could be linked to negotiating better payment terms or potential liquidity constraints. It is important to further analyze the reasons behind these fluctuations to better understand Korn Ferry's working capital management and financial health.
Peer comparison
Apr 30, 2024