Lowe's Companies Inc (LOW)
Number of days of payables
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 8.60 | — | 8.65 | — | |
| Number of days of payables | days | — | 42.46 | — | 42.18 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Lowe's Companies Inc's number of days of payables has been consistent over the years based on the available data. For the periods ending January 31, 2023, and January 31, 2024, exact figures were not provided (\u2014 days), making it challenging to analyze the trend for those specific dates. However, on February 3, 2023, the number of days of payables was 42.18 days, showing the company's average payment period to suppliers during that time. Similarly, on February 2, 2024, the number of days of payables was 42.46 days, indicating a slight increase in the average payment period in comparison to the previous year. The data for January 31, 2025, is also not available for analysis. This information suggests that Lowe's Companies Inc has been managing its payables effectively, maintaining a steady payment period to its suppliers over the reported periods.
Peer comparison
Jan 31, 2025