Macy’s Inc (M)
Number of days of payables
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 12.40 | — | — | 11.62 | |
| Number of days of payables | days | — | 29.44 | — | — | 31.40 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the provided data for Macy’s Inc, the number of days of payables has shown some fluctuations over the years.
- As of January 28, 2023, Macy’s had an average payable period of 31.40 days, indicating that on average, the company took around a month to pay its suppliers.
- For January 31, 2023, and January 31, 2024, specific data regarding the number of days of payables were not available.
- Moving on to February 3, 2024, the number of days of payables improved to 29.44 days, suggesting a slight decrease in the time taken by Macy's to settle its payables.
- Finally, the data for January 31, 2025, is unavailable, so we cannot make any assessment for that period.
Overall, based on the available information, Macy's seems to be managing its payables reasonably well, with a moderate average payable period observed in the years indicated. Monitoring this ratio over time can provide insights into the company's liquidity management and vendor payment practices.
Peer comparison
Jan 31, 2025