NVIDIA Corporation (NVDA)
Payables turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 32,639,000 | 16,621,000 | 16,621,000 | 11,618,000 | 11,618,000 |
| Payables | US$ in thousands | — | — | 2,699,000 | — | 1,193,000 |
| Payables turnover | — | — | 6.16 | — | 9.74 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $32,639,000K ÷ $—K
= —
The payables turnover ratio for NVIDIA Corporation declined from 9.74 in January 29, 2023, to 6.16 in January 28, 2024. This indicates that the company took longer to pay its suppliers in 2024 compared to 2023. The absence of data for January 31, 2023 and subsequent years suggests a lack of available information for those periods. A decreasing payables turnover ratio can be a sign of potential cash flow issues or changes in supplier payment terms. It would be essential for stakeholders to further investigate the reasons behind this trend to assess the company's financial health and management of working capital.
Peer comparison
Jan 31, 2025