MillerKnoll Inc (MLKN)
Number of days of payables
May 31, 2024 | Jun 3, 2023 | May 31, 2023 | May 31, 2022 | May 28, 2022 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 14.63 | — | — | 10.80 | |
Number of days of payables | days | — | 24.96 | — | — | 33.80 |
May 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided, the number of days of payables for MillerKnoll Inc fluctuates over the period analyzed. On May 28, 2022, the company had an average payable period of 33.80 days, indicating that it took approximately 33.80 days to settle its outstanding payables. However, on May 31, 2022, and in subsequent periods, there is no specific value reported, denoted by "— days," which suggests a lack of clarity or available data on payables for those particular dates.
On June 3, 2023, the number of days of payables reduced significantly to 24.96 days, indicating a possible improvement in managing payables efficiently. As of May 31, 2024, the data is once again unavailable for analysis.
Overall, the available information suggests some variability in MillerKnoll Inc's management of payables, with a longer payable period observed in May 28, 2022, and then a shorter period on June 3, 2023. The periods of missing data on May 31, 2022, May 31, 2023, and May 31, 2024, limit a comprehensive assessment of the company's payables management during those specific times.