Lamb Weston Holdings Inc (LW)
Number of days of payables
| May 26, 2024 | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 | Feb 26, 2023 | Nov 27, 2022 | Aug 28, 2022 | May 29, 2022 | Feb 27, 2022 | Nov 28, 2021 | Aug 29, 2021 | May 30, 2021 | Feb 28, 2021 | Nov 29, 2020 | Aug 30, 2020 | May 31, 2020 | Feb 23, 2020 | Nov 24, 2019 | Aug 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.48 | 8.08 | 6.32 | 7.15 | 7.03 | 8.79 | 6.58 | 8.01 | 9.09 | 10.17 | 7.92 | 8.92 | 8.91 | 10.24 | 8.18 | 12.18 | 13.26 | 11.24 | 7.97 | 11.05 | |
| Number of days of payables | days | 56.32 | 45.18 | 57.75 | 51.05 | 51.91 | 41.51 | 55.50 | 45.57 | 40.13 | 35.88 | 46.08 | 40.93 | 40.94 | 35.65 | 44.61 | 29.97 | 27.52 | 32.48 | 45.78 | 33.04 |
May 26, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.48
= 56.32
The number of days of payables for Lamb Weston Holdings Inc has shown some fluctuations over the past few reporting periods. On average, the company takes around 42 to 46 days to pay off its creditors. The longest period was around 57.75 days, which indicates that the company took nearly two months to settle its payables during that specific period. Conversely, the shortest period was around 27.52 days, suggesting that the company was able to pay off its obligations more promptly during that time frame. Overall, Lamb Weston Holdings Inc appears to manage its payables efficiently, with some variability in the time taken to settle its obligations.
Peer comparison
May 26, 2024