Kenvue Inc. (KVUE)

Number of days of payables

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Payables turnover		3.46
Number of days of payables	days	105.43

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.46
= 105.43

Based on the data provided, Kenvue Inc.'s number of days of payables as of December 31, 2023, is 105.43 days. This ratio indicates the average number of days it takes for the company to pay its trade payables. A higher number of days of payables suggests that Kenvue Inc. is taking longer to settle its outstanding payables, potentially indicating either favorable credit terms or liquidity challenges. It is crucial for stakeholders to monitor this ratio over time to assess the company's efficiency in managing its payable obligations.