Kroger Company (KR)
Number of days of payables
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Nov 4, 2023 | Oct 31, 2023 | Aug 12, 2023 | Jul 31, 2023 | May 20, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Nov 5, 2022 | Oct 31, 2022 | Aug 13, 2022 | Jul 31, 2022 | May 21, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 10.81 | — | 12.99 | — | 16.20 | — | 13.27 | — | — | 11.42 | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | 33.75 | — | 28.09 | — | 22.53 | — | 27.51 | — | — | 31.96 | — | — | — | — | — | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Kroger Company has shown various levels in the past, with fluctuations observed over different reporting periods. As of January 28, 2023, the number of days of payables was at 31.96 days, indicating that on average, it takes approximately 31.96 days for Kroger to pay its suppliers and vendors. This suggests that Kroger has a moderate payment period for its payables.
Looking ahead, there was a decrease in the number of days of payables to 27.51 days as of May 20, 2023, potentially indicating improved efficiency in managing payables or changes in payment terms with suppliers. Subsequently, as of August 12, 2023, the number of days of payables decreased further to 22.53 days, potentially reflecting a more optimized cash flow management strategy by Kroger.
However, the data reveals fluctuations in the number of days of payables over subsequent periods, indicating that Kroger's payment practices may vary based on business needs and market conditions. Monitoring the trend of days of payables can provide insights into Kroger's liquidity management and relationships with suppliers in the future.
Peer comparison
Jan 31, 2025