Patterson Companies Inc (PDCO)
Number of days of payables
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 6.96 | — | 7.03 | — | |
| Number of days of payables | days | — | 52.44 | — | 51.90 | — |
April 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Patterson Companies Inc shows a consistent trend over the years. On April 29, 2023, the company had 51.90 days of payables, indicating that, on average, it takes approximately 51.90 days for the company to pay its suppliers. This was slightly higher on April 27, 2024, with 52.44 days of payables. The data for the other periods is not available ("— days"), so it is difficult to assess the full trajectory of the company's payable days performance. Analyzing payables turnover can provide insights into the company's liquidity position and efficiency in managing its working capital.
Peer comparison
Apr 30, 2024