RH (RH)

Number of days of payables

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Payables turnover 14.55 18.09 12.14 11.09 13.29
Number of days of payables days 25.09 20.18 30.07 32.90 27.47

February 3, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.55
= 25.09

The number of days of payables for RH has fluctuated over the past five years. In the most recent fiscal year as of February 3, 2024, RH took approximately 25.09 days to pay its suppliers, representing an increase from the previous year. In January 2023, the company's number of days of payables was 20.18 days, indicating a shorter payment period compared to the current year.

Looking further back, in January 2022, RH had a longer payment period of about 30.07 days, suggesting that the company took slightly longer to settle its payables compared to the current year but shorter than the year before that. In January 2021, the number of days of payables increased significantly to 32.90 days, indicating a notable delay in payment to suppliers.

In comparison, February 2020 saw a decrease in the number of days of payables to 27.47 days, possibly reflecting a more efficient payment process or a change in the company's payment strategy. Overall, analyzing the trend in RH's number of days of payables provides insight into the company's management of working capital and relationships with suppliers over the past five years.


Peer comparison

Feb 3, 2024

Company name
Symbol
Number of days of payables
RH
RH
25.09
Haverty Furniture Companies Inc
HVT
8.62

See also:

RH Average Payables Payment Period