NetApp Inc (NTAP)
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 | — | — | — | — | 5.82 | — | 7.33 | — | 7.36 | — | 9.29 | — | 8.51 | — | 7.91 | — | 5.91 | — | 6.78 | — | |
| Number of days of payables | days | — | — | — | — | 62.76 | — | 49.79 | — | 49.62 | — | 39.27 | — | 42.88 | — | 46.13 | — | 61.77 | — | 53.80 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for NetApp Inc fluctuated over the period analyzed. From July 29, 2022, to January 26, 2024, there was a decreasing trend in the days of payables, indicating that the company was taking fewer days to pay its outstanding obligations to suppliers. This trend reversed in April 26, 2024, where the number of days of payables increased significantly to 62.76 days.
It is important to note that there were instances where data was not available ("— days"), which could be due to various factors such as changes in reporting practices or incomplete information. Overall, a lower number of days of payables suggests that the company is managing its outstanding payments more efficiently, whereas a higher number may indicate delayed payments to suppliers. Monitoring this ratio can provide insights into NetApp Inc's liquidity management and relationships with its vendors.
Peer comparison
Jan 31, 2025