Ralph Lauren Corp Class A (RL)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.11 | 6.62 | 6.13 | 4.62 | 4.33 | |
| Number of days of payables | days | 71.49 | 55.13 | 59.55 | 79.08 | 84.39 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.11
= 71.49
Over the past five years, Ralph Lauren Corp Class A has shown a decreasing trend in the number of days of payables, indicating that the company is taking fewer days to pay its suppliers. The number of days of payables decreased from 84.39 days as of March 31, 2021, to 71.49 days as of March 31, 2025. This trend suggests that the company is managing its accounts payable more efficiently, potentially improving its cash flow position and supplier relationships. However, it is essential to monitor this metric closely to ensure that the company is maintaining healthy payment practices and not straining its relationships with suppliers.
Peer comparison
Mar 31, 2025