Starbucks Corporation (SBUX)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.44 | 8.46 | 8.39 | 8.95 | 9.80 | |
| Number of days of payables | days | 43.26 | 43.14 | 43.48 | 40.80 | 37.24 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.44
= 43.26
The number of days of payables for Starbucks Corporation has been relatively stable over the past five years, ranging from 37.24 days in 2020 to 43.48 days in 2022. This indicates that, on average, it takes Starbucks approximately 40 to 43 days to pay its suppliers and vendors. The slight fluctuations in this ratio suggest that Starbucks has been managing its accounts payable effectively, neither extending nor reducing payment terms significantly. Overall, the consistency in the number of days of payables reflects a stable and balanced approach to managing trade credit relationships within the company's supply chain.
Peer comparison
Sep 30, 2024