Pure Storage Inc (PSTG)
Number of days of payables
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 25.95 | — | 30.96 | — | |
| Number of days of payables | days | — | 14.06 | — | 11.79 | — |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Analyzing the number of days of payables for Pure Storage Inc over the years, we observe the following data points:
1. As of February 5, 2023, the number of days of payables stood at 11.79 days.
2. By February 4, 2024, the number of days of payables increased to 14.06 days.
It is worth noting that data is not available for January 31 for each year.
The trend indicates that the number of days Pure Storage takes to pay its payables has increased from 2023 to 2024. This might suggest a potential shift in the company's payment practices or business operations. Further analysis and comparison with industry benchmarks could provide additional insights into Pure Storage's payables management strategy.
Peer comparison
Jan 31, 2025