Pure Storage Inc (PSTG)
Payables turnover
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 955,455 | 2,147,880 | 809,430 | 2,077,820 | 855,788 |
| Payables | US$ in thousands | — | 82,757 | — | 67,121 | — |
| Payables turnover | — | 25.95 | — | 30.96 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $955,455K ÷ $—K
= —
The payables turnover ratio is a useful metric that indicates how efficiently a company is managing its payables by measuring how many times a company pays off its accounts payable within a certain period.
Upon examining the data provided for Pure Storage Inc, we observe that the payables turnover ratio was 30.96 for the period ending February 5, 2023, and decreased to 25.95 for the period ending February 4, 2024. Unfortunately, there is missing data for January 31, 2023, and January 31, 2024, which limits the comprehensive analysis of the trend over time.
The decrease in the payables turnover ratio from 2023 to 2024 may suggest a longer payment cycle for Pure Storage Inc, which could have implications for cash flow management and relationships with suppliers. Further analysis and additional data points would be needed to draw more definitive conclusions regarding the company's payables management efficiency.
Peer comparison
Jan 31, 2025