Science Applications International Corporation Common Stock (SAIC)

Number of days of payables

Jan 31, 2025 Nov 1, 2024 Aug 2, 2024 May 3, 2024 Feb 2, 2024 Nov 3, 2023 Aug 4, 2023 May 5, 2023 Feb 3, 2023 Oct 28, 2022 Jul 29, 2022 Apr 29, 2022 Jan 28, 2022 Oct 29, 2021 Jul 30, 2021 Apr 30, 2021 Jan 29, 2021 Oct 30, 2020 Jul 31, 2020 May 1, 2020
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

Science Applications International Corporation Common Stock has shown variability in its number of days of payables over the past few years. As of January 29, 2021, the company had an average payment period of 30.13 days, which increased to 34.18 days by January 28, 2022. This indicates that the company took longer to pay its creditors in 2022 compared to 2021.

Subsequently, the number of days of payables decreased to 33.42 days by February 3, 2023, and further to 31.49 days by February 2, 2024. This suggests an improvement in the company's ability to manage its payables efficiently during these periods.

However, for the upcoming quarters, the data shows that the number of days of payables is unavailable or not applicable, indicating a lack of transparency or consistency in reporting this particular financial metric. This could potentially make it difficult for stakeholders to assess the company's liquidity management practices during those periods.

Overall, the analysis of Science Applications International Corporation Common Stock's number of days of payables highlights fluctuations in payment periods and underscores the importance of consistent and transparent reporting for effective financial analysis and decision-making.