Medtronic PLC (MDT)

Number of days of payables

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Apr 26, 2024	Jan 31, 2024	Jan 26, 2024	Oct 31, 2023	Oct 27, 2023	Jul 31, 2023	Jul 28, 2023	Apr 30, 2023	Apr 28, 2023	Jan 31, 2023	Jan 27, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022	Apr 30, 2022
Payables turnover		—	—	—	—	7.55	—	8.68	—	7.97	—	7.91	—	6.52	—	7.64	—	7.77	—	8.02	—
Number of days of payables	days	—	—	—	—	48.34	—	42.07	—	45.78	—	46.13	—	56.01	—	47.80	—	46.96	—	45.52	—

January 31, 2025 calculation

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

The number of days of payables for Medtronic PLC shows some variation over the reported periods. The figures ranged from around 42 to 56 days. This metric represents the average number of days the company takes to pay its suppliers and is an indicator of how efficiently the company manages its accounts payable.

In the most recent periods, the number of days of payables has been around 45 to 46 days, indicating that Medtronic typically takes around 45 to 46 days to settle its outstanding payables with suppliers. This is an important metric to monitor as it can provide insights into the company's liquidity management and relationships with suppliers.

It is noteworthy that there are periods where the data is not available ("— days"), which could be due to various reasons such as changes in reporting practices or data availability. However, based on the available data points, the trend in the number of days of payables for Medtronic PLC suggests a relatively stable payment cycle over the specified periods.