Pure Storage Inc (PSTG)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 955,455 | 1,231,206 | 1,204,357 | 1,492,293 | 1,504,611 | 1,443,860 | 1,424,637 | 1,088,970 | 1,467,109 | 1,215,158 | 1,505,015 | 1,538,770 | 1,421,894 | 1,376,208 | 1,370,635 | 1,354,899 | 1,423,255 | 1,452,787 | 1,154,373 | 1,355,209 |
| Payables | US$ in thousands | — | — | — | — | 82,757 | — | 101,092 | — | 98,008 | — | — | 67,121 | — | 102,879 | — | 64,005 | — | 58,668 | — | 70,704 |
| Payables turnover | — | — | — | — | 18.18 | — | 14.09 | — | 14.97 | — | — | 22.93 | — | 13.38 | — | 21.17 | — | 24.76 | — | 19.17 |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $955,455K ÷ $—K
= —
The payables turnover ratio is a financial metric that measures how efficiently a company pays its suppliers. It is calculated by dividing total purchases by average accounts payable for a specific period.
In the case of Pure Storage Inc, the payables turnover ratio fluctuated over the reported periods. As of the latest available data, the payables turnover ratio was 18.18 on February 4, 2024. This indicates that Pure Storage Inc paid its suppliers approximately 18.18 times during that period.
It is important to note that there were periods where the payables turnover ratio was not provided ("—"), which could be due to various reasons such as data unavailability or changes in reporting practices.
Analyzing the trend of the payables turnover ratio over time can provide insights into how effectively Pure Storage Inc manages its accounts payable and its relationship with suppliers. Additionally, comparing this ratio with industry benchmarks and historical performance can help assess the company's liquidity management and operational efficiency in paying its obligations.
Peer comparison
Jan 31, 2025