Lowe's Companies Inc (LOW)

Number of days of payables

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 2, 2024	Jan 31, 2024	Nov 3, 2023	Oct 31, 2023	Aug 4, 2023	Jul 31, 2023	Apr 30, 2023	Feb 3, 2023	Jan 31, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022	Apr 30, 2022	Apr 29, 2022	Jan 31, 2022
Payables turnover		—	—	—	—	7.04	—	6.96	—	7.28	—	—	7.44	—	—	6.75	—	5.86	—	5.09	—
Number of days of payables	days	—	—	—	—	51.84	—	52.46	—	50.12	—	—	49.07	—	—	54.05	—	62.33	—	71.66	—

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

Lowe's Companies Inc has demonstrated varying trends in its number of days of payables over the provided periods. The data indicates fluctuations in the time the company takes to pay its suppliers and vendors. In April 2022, the number of days of payables was 71.66 days, suggesting a relatively longer period for settling payables. This was followed by a decrease in July 2022 to 62.33 days, indicating a potential improvement in payment efficiency.

Subsequently, in October 2022, the number of days of payables decreased further to 54.05 days, continuing the trend of shorter payable periods. However, as of February 2023, there was a slight increase to 49.07 days, which could suggest a minor slowdown in payment processing.

There was a marginal rise in the number of days of payables in August 2023 to 50.12 days, but this was followed by a decrease in November 2023 to 52.46 days. These fluctuations may indicate adjustments in the company's financial operations and cash flow management.

As of the latest available data in February 2024, the number of days of payables stood at 51.84 days, reflecting a moderate period for payment processing. The consistent absence of data for certain periods may suggest potential reporting or data availability issues.

Overall, the analysis of Lowe's number of days of payables reveals dynamic fluctuations in payment cycles, indicating changing patterns in the company's vendor and supplier payment strategies.