Dave & Buster’s Entertainment (PLAY)

Number of days of payables

		Feb 4, 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	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Payables turnover		2.84	4.80	4.84	5.14	3.65	4.84	3.75	4.31	3.28	4.33	3.96	2.20	2.06	2.67	2.50	2.52	3.57	3.55	4.25	4.60
Number of days of payables	days	128.45	76.11	75.35	70.97	100.09	75.48	97.27	84.62	111.28	84.20	92.11	166.13	177.37	136.66	146.13	144.57	102.25	102.95	85.94	79.32

February 4, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.84
= 128.45

The number of days of payables for Dave & Buster's Entertainment has varied over the past several quarters. On Feb 4, 2024, the company had an average payment period of 128.45 days, indicating a relatively long time taken to settle its accounts payable. This was a notable increase compared to the previous quarter, where the number of days of payables was 76.11 days.

Looking back further, the trend shows some fluctuation in the payment period, ranging from a low of 70.97 days on Apr 30, 2023, to a high of 177.37 days on Jan 31, 2021. Overall, the company tends to have a payment period ranging from around 70 to 170 days, with occasional spikes or declines in between.

Analyzing the number of days of payables can provide insight into the company's liquidity management and vendor relationships. A longer payment period could indicate potential cash flow challenges or a deliberate strategy to manage working capital. Conversely, a shorter payment period may suggest efficient cash management or strong bargaining power with suppliers.

It is important for stakeholders to monitor these trends over time to assess the company's financial health, operational efficiency, and overall management of working capital.