Kroger Company (KR)

Number of days of payables

Feb 3, 2024 Nov 4, 2023 Aug 12, 2023 May 20, 2023 Jan 28, 2023 Nov 5, 2022 Aug 13, 2022 May 21, 2022 Jan 29, 2022 Nov 6, 2021 Aug 14, 2021 May 22, 2021 Jan 30, 2021 Nov 7, 2020 May 23, 2020 Feb 1, 2020 Nov 9, 2019 Aug 17, 2019 May 25, 2019 Feb 2, 2019
Payables turnover 11.36 10.82 11.66 12.17 12.55 15.29 15.05
Number of days of payables days 32.12 33.74 31.31 29.99 29.08 23.87 24.25

February 3, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.36
= 32.12

The number of days of payables for Kroger Company has shown variability over the analyzed periods. The trend indicates that the company takes an average of around 30 days to pay its accounts payable. However, there are instances where the number of days of payables has been higher, reaching up to 33.74 days. It is worth noting that there are periods where data is not available, which could have impacted the trend analysis for those specific dates. Overall, the number of days of payables provides insight into the company's payment practices and management of its financial obligations to suppliers.


Peer comparison

Feb 3, 2024

Company name
Symbol
Number of days of payables
Kroger Company
KR
32.12
Grocery Outlet Holding Corp
GO
21.30
Sprouts Farmers Market LLC
SFM
11.07