Leslies Inc (LESL)

Leslies Inc's number of days of payables decreased significantly from 42.17 days in 2022 to 15.45 days in 2023, indicating that the company is taking less time to pay its creditors. This improvement suggests an enhanced liquidity position, as the company is settling its payables more efficiently. The reduction in days of payables may also indicate better management of working capital and stronger bargaining power with suppliers. It is important for Leslies Inc to maintain an optimal balance in managing its payables to ensure healthy supplier relationships while maximizing its cash flow efficiency.

Peer comparison

Sep 30, 2023