La-Z-Boy Incorporated (LZB)
Number of days of payables
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 12.19 | — | 13.14 | — | 11.64 | — | 12.30 | — | 12.24 | — | 16.25 | — | 14.17 | — | 12.04 | — | |
| Number of days of payables | days | — | — | — | — | 29.93 | — | 27.78 | — | 31.35 | — | 29.68 | — | 29.82 | — | 22.46 | — | 25.76 | — | 30.32 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided, La-Z-Boy Incorporated's number of days of payables has fluctuated over the past few years. The company had no data available for some periods, indicated by "— days."
In the periods where data was available, we observe the following trends:
- On July 30, 2022, the number of days of payables was 30.32 days.
- By October 29, 2022, the number of days of payables decreased to 25.76 days.
- This trend continued to January 28, 2023, with a further decrease to 22.46 days.
- However, by April 29, 2023, the number of days of payables increased to 29.82 days.
- The trend then continued to fluctuate, reaching 31.35 days on October 28, 2023.
- The number of days of payables decreased to 27.78 days by January 27, 2024.
- As of April 27, 2024, the number of days of payables increased again to 29.93 days.
Overall, the company's number of days of payables shows variability in managing its payment obligations to suppliers over the periods for which the data was available. It is crucial for stakeholders to monitor this metric to assess La-Z-Boy Incorporated's liquidity and efficiency in managing its payables.
Peer comparison
Jan 31, 2025