Science Applications International Corporation Common Stock (SAIC)

Number of days of payables

Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021
Payables turnover 10.44 11.59 10.92 10.68 12.12
Number of days of payables days 34.97 31.49 33.42 34.18 30.13

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.44
= 34.97

The number of days of payables for Science Applications International Corporation Common Stock has shown a slightly increasing trend over the past five years. In January 2021, the company took approximately 30.13 days to pay its suppliers. This figure increased to 34.18 days in January 2022, then decreased to 33.42 days in February 2023, and further decreased to 31.49 days in February 2024. However, by January 31, 2025, the number of days of payables had increased again to 34.97 days. Overall, the company seems to be taking slightly longer to settle its payables over the years, which could indicate a change in its payment policies or vendor relationships.