Kohls Corp (KSS)
Number of days of payables
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 14.78 | 9.10 | 12.81 | 13.52 | 13.44 | 8.73 | 11.83 | 10.58 | 10.55 | 8.11 | 11.39 | 11.87 | 10.56 | 7.39 | 15.40 | 9.36 | 14.12 | 6.90 | 11.64 | 11.65 | |
| Number of days of payables | days | 24.70 | 40.13 | 28.50 | 26.99 | 27.16 | 41.82 | 30.84 | 34.48 | 34.60 | 45.03 | 32.04 | 30.76 | 34.55 | 49.42 | 23.70 | 39.00 | 25.85 | 52.92 | 31.35 | 31.34 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.78
= 24.70
The number of days of payables for Kohls Corp has shown fluctuations over the past several reporting periods. On average, the company takes around 33 days to pay its suppliers from the time the purchases are made.
The trend indicates that Kohls Corp has managed to keep its payable days relatively stable, with some minor variations. A lower number of days of payables suggests that the company is efficient in managing its payables and may have strong bargaining power with its suppliers. Conversely, a higher number of days of payables could indicate potential liquidity challenges or extended payment terms negotiated with suppliers.
It is important for investors and analysts to monitor the number of days of payables as it can provide insights into the company's cash flow management, working capital efficiency, and vendor relationships. Further analysis of this ratio in conjunction with other financial metrics can offer a more comprehensive view of Kohls Corp's financial health and operational performance.
Peer comparison
Feb 3, 2024