NVIDIA Corporation (NVDA)

Number of days of payables

		Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Oct 25, 2020	Jul 26, 2020	Apr 26, 2020	Jan 26, 2020	Oct 27, 2019	Jul 28, 2019	Apr 28, 2019
Payables turnover		6.16	5.68	5.99	9.91	9.74	8.08	4.86	5.14	5.29	5.19	5.38	5.94	5.47	5.03	5.44	5.65	6.04	6.87	9.66	11.77
Number of days of payables	days	59.27	64.22	60.90	36.84	37.48	45.19	75.13	71.08	68.94	70.27	67.79	61.44	66.78	72.50	67.14	64.57	60.42	53.16	37.80	31.02

January 28, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.16
= 59.27

The number of days of payables for NVIDIA Corp has shown some fluctuation over the quarters. In Q4 2024, the number of days of payables was 59.27 days, which decreased from the previous quarter's 64.22 days. This indicates that the company took fewer days to pay its suppliers in Q4 2024 compared to Q3 2024.

Looking further back, in Q1 2024, the number of days of payables was 36.84 days, significantly lower than in recent quarters. This suggests that the company was able to manage its payables efficiently during that period.

Comparing to the same period last year, the number of days of payables in Q4 2024 was also lower than in Q4 2023, which was 37.48 days. This could indicate that NVIDIA Corp has been improving its efficiency in managing its payables over the year.

Overall, while there have been fluctuations in the number of days of payables for NVIDIA Corp, the trend seems to show effective management of payables, with the company taking fewer days to pay its suppliers in recent quarters compared to previous periods.