Sally Beauty Holdings Inc (SBH)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.76 | 13.16 | 12.72 | 11.88 | 13.81 | |
| Number of days of payables | days | 28.60 | 27.73 | 28.70 | 30.74 | 26.42 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.76
= 28.60
The number of days of payables for Sally Beauty Holdings Inc has shown some variability over the last five years. In the fiscal year ending September 30, 2024, the company took approximately 28.60 days to pay its creditors on average. This figure is slightly higher compared to the prior year, where it took 27.73 days to settle payables.
Looking further back, in the fiscal year ending September 30, 2022, the number of days of payables increased to around 28.70 days, compared to 30.74 days in the fiscal year ending September 30, 2021. In the fiscal year ending September 30, 2020, the company managed to reduce the number of days of payables to 26.42 days, showcasing efficient management of its payables during that period.
Overall, the trend in the number of days of payables for Sally Beauty Holdings Inc seems relatively stable in the range of 26-30 days over the past five years, indicating that the company generally maintains a moderate payment period for its accounts payable.
Peer comparison
Sep 30, 2024