MSC Industrial Direct Company Inc (MSM)
Number of days of payables
| Aug 31, 2024 | Jun 1, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Sep 3, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.93 | 12.26 | 12.32 | 13.65 | 11.39 | 12.20 | 11.97 | 11.36 | 10.83 | 11.15 | 11.36 | 12.34 | 11.51 | 7.66 | 8.69 | 9.90 | 11.51 | 15.17 | 12.49 | 13.69 | |
| Number of days of payables | days | 30.60 | 29.77 | 29.61 | 26.75 | 32.04 | 29.91 | 30.50 | 32.14 | 33.70 | 32.73 | 32.12 | 29.59 | 31.71 | 47.65 | 42.01 | 36.87 | 31.72 | 24.07 | 29.21 | 26.66 |
August 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.93
= 30.60
The number of days of payables for MSC Industrial Direct Company Inc has shown some fluctuations over time based on the data provided. It ranged from a low of 24.07 days on Aug 29, 2020, to a high of 47.65 days on May 29, 2021, indicating variations in the company's ability to pay its suppliers within a given period.
On average, the company takes around 30 to 33 days to pay its payables, with occasional spikes and drops in this metric. A general decreasing trend in the number of days of payables can be observed from Nov 30, 2019, to Dec 2, 2023, suggesting an improvement in the efficiency of managing its payables during this period.
Investors and stakeholders may use this information to assess the company's liquidity position, cash flow management, and relationships with suppliers. Additionally, analyzing the reasons behind the fluctuations in the number of days of payables can provide insights into the company's operational performance and financial health.
Peer comparison
Aug 31, 2024