Science Applications International Corporation Common Stock (SAIC)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 6,587,000 | 6,526,000 | 6,453,000 | 6,413,000 | 6,572,000 | 6,773,000 | 6,795,000 | 6,839,000 | 6,816,000 | 6,655,000 | 6,652,000 | 6,644,000 | 6,535,000 | 6,467,000 | 6,391,000 | 6,351,000 | 6,264,000 | 6,120,000 | 5,967,000 | 5,812,000 |
| Payables | US$ in thousands | 631,000 | — | — | — | 567,000 | — | — | — | 624,000 | — | — | — | 612,000 | — | — | — | 517,000 | — | — | — |
| Payables turnover | 10.44 | — | — | — | 11.59 | — | — | — | 10.92 | — | — | — | 10.68 | — | — | — | 12.12 | — | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,587,000K ÷ $631,000K
= 10.44
The payables turnover ratio measures how efficiently a company manages its accounts payable. It indicates the number of times a company pays off its suppliers in a given period. A high payables turnover ratio suggests that the company is paying its suppliers quickly, which may indicate strong liquidity or good relationships with suppliers.
Based on the provided data for Science Applications International Corporation Common Stock, the payables turnover ratio fluctuated over the past few years. From January 29, 2021, to February 2, 2024, the payables turnover ratio ranged from 10.44 to 11.59 times, indicating that the company was effectively managing its accounts payable during this period.
However, there were periods, such as May 1, 2020, July 31, 2020, and other instances from 2021 to 2024, where the payables turnover ratio was not available or was very low. This could imply that the company may have extended its payment terms with suppliers, potentially impacting cash flow or supplier relationships.
Overall, while the payables turnover ratio for Science Applications International Corporation Common Stock showed periods of efficiency, the lack of data points and variability in the ratio suggest the need for further analysis to understand the company's payment practices and their impact on financial performance.
Peer comparison
Jan 31, 2025