Pure Storage Inc (PSTG)
Number of days of payables
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Nov 5, 2023 | Oct 31, 2023 | Aug 6, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 5, 2023 | Jan 31, 2023 | Nov 6, 2022 | Oct 31, 2022 | Aug 7, 2022 | Jul 31, 2022 | May 8, 2022 | Apr 30, 2022 | Feb 6, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 18.18 | — | 14.09 | — | 14.97 | — | — | 22.93 | — | 13.38 | — | 21.17 | — | 24.76 | — | 19.17 | |
| Number of days of payables | days | — | — | — | — | 20.08 | — | 25.90 | — | 24.38 | — | — | 15.92 | — | 27.29 | — | 17.24 | — | 14.74 | — | 19.04 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Pure Storage Inc has shown variability over the reported periods. As of February 6, 2022, the company took approximately 19.04 days to pay its creditors. This number was reduced to 14.74 days by May 8, 2022, indicating an improvement in the company's ability to settle its payables more efficiently.
The trend continues with an increase to 17.24 days as of August 7, 2022, suggesting a slight elongation in the payment cycle. Subsequently, by November 6, 2022, the number of days of payables jumped to 27.29 days, signifying a significant extension in the time taken to pay creditors.
As of February 5, 2023, the company managed to reduce the number of days of payables to 15.92 days, indicating an improvement in managing its accounts payable. However, by August 6, 2023, this figure surged again to 24.38 days, showing a lengthening in the payment cycle.
The trend continued with a further increase to 25.90 days by November 5, 2023, indicating that the company is taking a longer time to pay its suppliers. As of February 4, 2024, the number of days of payables decreased to 20.08 days, suggesting a temporary improvement in the efficiency of payables management.
In subsequent periods from April 30, 2024, to January 31, 2025, the number of days of payables remained unreported, indicating a lack of available data for analysis during those periods.
Overall, Pure Storage Inc's number of days of payables exhibited fluctuations, with periods of both improvement and elongation in the time taken to settle payables. It is important for investors and stakeholders to monitor this metric to understand the company's liquidity position and management of creditor obligations.
Peer comparison
Jan 31, 2025