Science Applications International Corporation Common Stock (SAIC)

Number of days of payables

		Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021	Jan 31, 2020
Payables turnover		11.59	10.92	10.68	12.12	10.76
Number of days of payables	days	31.49	33.42	34.18	30.13	33.91

February 2, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.59
= 31.49

The number of days of payables for Science Applications International Corporation Common Stock has shown some fluctuations over the past five years. In the most recent fiscal year, as of February 2, 2024, the company took approximately 31.49 days on average to pay its trade payables. This represents a slight improvement compared to the previous year's figure of 33.42 days as of February 3, 2023.

Looking further back, the number of days of payables was 34.18 days as of January 28, 2022, indicating a decrease from the previous year. The data shows that as of January 29, 2021, the company took around 30.13 days to settle its payables, showing efficient management of its trade credit obligations. In the earliest year presented, as of January 31, 2020, the number of days of payables was 33.91 days.

Overall, the trend in the number of days of payables for Science Applications International Corporation Common Stock indicates some variability but generally reflects a consistent approach to managing its payment terms with suppliers over the past five years.