RH (RH)
Number of days of payables
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 14.52 | 15.47 | 18.55 | 18.51 | 18.14 | 16.79 | 16.35 | 11.87 | 12.13 | 14.00 | 12.06 | 11.72 | 11.09 | 13.04 | 12.55 | 15.30 | 10.34 | 13.60 | 13.00 | 10.52 | |
| Number of days of payables | days | 25.13 | 23.59 | 19.67 | 19.72 | 20.13 | 21.74 | 22.32 | 30.75 | 30.09 | 26.08 | 30.26 | 31.16 | 32.90 | 28.00 | 29.08 | 23.85 | 35.31 | 26.84 | 28.07 | 34.68 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.52
= 25.13
The number of days of payables for RH has shown some fluctuations over the past few periods. The average days of payables over the period is approximately 26.98 days. In general, RH takes around a month to pay off its obligations to suppliers and vendors.
The trend indicates that RH has been managing its payables efficiently, with a slight increase in days of payables in recent periods. This could suggest either a change in payment terms or a shift in the company's purchasing behavior.
It is important for RH to monitor its payables closely to ensure that they are effectively managing their cash flow and maintaining good relationships with suppliers. An increase in days of payables could indicate potential liquidity issues or inefficiencies in the supply chain.
Peer comparison
Feb 3, 2024