NVIDIA Corporation (NVDA)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 32,638,000 | 27,342,000 | 23,728,000 | 20,982,000 | 20,064,000 | 18,797,000 | 17,530,000 | 15,354,000 | 12,852,000 | 11,025,000 | 9,734,000 | 9,944,000 | 11,515,000 | 12,154,000 | 12,257,000 | 12,147,000 | 11,002,000 | 10,617,000 | 10,052,000 | 9,700,000 |
| Payables | US$ in thousands | — | — | — | — | — | 2,699,000 | — | 2,380,000 | — | 1,929,000 | — | — | 1,193,000 | — | 1,491,000 | — | 1,999,000 | — | — | 1,783,000 |
| Payables turnover | — | — | — | — | — | 6.96 | — | 6.45 | — | 5.72 | — | — | 9.65 | — | 8.22 | — | 5.50 | — | — | 5.44 |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $32,638,000K ÷ $—K
= —
The payables turnover ratio for NVIDIA Corporation has fluctuated over the periods provided. The payables turnover ratio indicates how many times a company pays off its accounts payable during a certain period. A higher turnover ratio typically signifies that the company is efficiently managing its payables by paying suppliers in a timely manner, while a lower ratio could suggest potential cash flow issues or inefficiencies in managing payables.
Based on the data provided, the payables turnover ratio for NVIDIA was 5.44 on January 30, 2022. It then increased to 5.50 on May 1, 2022, and further improved to 8.22 on October 30, 2022. The ratio peaked at 9.65 on January 29, 2023, indicating that NVIDIA was paying off its payables at a faster rate during that period.
Subsequently, the payables turnover ratio decreased to 5.72 on July 30, 2023, and then to 6.45 on October 29, 2023. The ratio slightly increased to 6.96 on January 28, 2024, before data for subsequent periods were unavailable.
Overall, the payables turnover ratio for NVIDIA Corporation has shown some fluctuations, indicating varying levels of efficiency in managing its payables. Further analysis would be needed to determine the underlying reasons behind these fluctuations and their impact on the company's financial performance and operations.
Peer comparison
Jan 31, 2025