Lamb Weston Holdings Inc (LW)
Number of days of payables
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.52 | 7.44 | 6.19 | 7.21 | 5.89 | 5.93 | 7.28 | 7.44 | 6.23 | 6.30 | 7.87 | 7.41 | 7.34 | 6.68 | 8.27 | 8.26 | 6.41 | 6.42 | 8.08 | 7.83 | |
| Number of days of payables | days | 38.36 | 49.07 | 59.00 | 50.63 | 62.00 | 61.59 | 50.12 | 49.03 | 58.62 | 57.96 | 46.40 | 49.26 | 49.74 | 54.66 | 44.15 | 44.19 | 56.92 | 56.85 | 45.15 | 46.62 |
May 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.52
= 38.36
The analysis of Lamb Weston Holdings Inc.’s days of payables over the specified periods reveals notable fluctuations and an overall upward trend. Initially, at the end of August 2022, the number of days payable was approximately 45.15 days, indicating that the company settled its obligations with suppliers within roughly 45 days. By November 2022, this period increased significantly to approximately 56.89 days, reflecting a longer credit posture toward suppliers during that quarter.
Throughout the subsequent year, the data exhibits variability: the days of payables peaked around November 2023 at approximately 58.62 days, denoting an extension in the settlement period, with a slight decrease afterward to about 49 days in early 2024. The trend then accelerated upward, reaching a high of approximately 62.00 days in May 2024, suggesting that the company was delaying payments further, potentially leveraging extended credit terms or managing cash flows more conservatively.
Post-May 2024, there is evidence of a reduction in the payable period, with the number of days decreasing to approximately 50.63 days in August 2024. However, this is followed by an increase again, with payables reaching nearly 59 days in November 2024. The most recent data point from May 2025 shows a notable decline to approximately 38.36 days, suggesting a return to earlier payment cycles or improved liquidity conditions.
Overall, the history of days of payables indicates periods of extended credit, particularly between late 2022 and mid-2024, which could reflect strategic financial management, negotiations for longer payment terms, or external economic factors influencing payment policies. The observed fluctuations highlight the company’s responsiveness to operational and financial variables, with a trend toward shorter payables observed in the most recent period.
Peer comparison
May 31, 2025