Patterson Companies Inc (PDCO)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 5,178,500 | 5,278,410 | 5,197,220 | 5,233,180 | 5,195,430 | 5,157,680 | 5,150,280 | 5,142,880 | 5,160,520 | 5,178,160 | 5,178,360 | 5,178,560 | 5,145,290 | 5,112,020 | 5,065,260 | 5,018,500 | 5,010,910 | 4,972,770 | 5,021,620 | 5,133,220 |
| Payables | US$ in thousands | — | — | — | — | 745,375 | — | 683,300 | — | 688,687 | — | 717,426 | — | 724,993 | — | 702,456 | — | 714,713 | — | 655,648 | — |
| Payables turnover | — | — | — | — | 6.97 | — | 7.54 | — | 7.49 | — | 7.22 | — | 7.10 | — | 7.21 | — | 7.01 | — | 7.66 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,178,500K ÷ $—K
= —
The payables turnover ratio for Patterson Companies Inc shows a fluctuating trend over the periods provided. The ratio ranged between 6.97 and 7.54, indicating the number of times the company paid off its accounts payable during the period.
The ratio generally staying above 7 suggests that Patterson is effectively managing its accounts payable by paying off its obligations in a timely manner. A higher payables turnover ratio is typically seen as positive as it indicates shorter payment periods and efficient use of working capital.
However, the consistent lack of a value for some periods may raise questions about data accuracy or reporting inconsistencies. Overall, Patterson Companies Inc's payables turnover ratio reflects a relatively stable and efficient management of accounts payable over the periods provided.
Peer comparison
Jan 31, 2025