Scholastic Corporation (SCHL)
Number of days of payables
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 4.68 | 5.38 | 4.63 | 3.99 | 5.31 | 5.94 | 4.67 | 4.60 | 4.60 | 4.99 | 3.76 | 3.72 | 4.72 | 4.26 | 3.96 | 3.65 | 4.83 | 4.73 | 4.06 | 4.38 | |
| Number of days of payables | days | 78.01 | 67.79 | 78.79 | 91.54 | 68.74 | 61.49 | 78.08 | 79.30 | 79.32 | 73.13 | 97.02 | 98.17 | 77.39 | 85.66 | 92.10 | 100.12 | 75.57 | 77.18 | 89.88 | 83.34 |
May 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.68
= 78.01
The data indicates significant fluctuations in Scholastic Corporation's number of days of payables over the observed periods. At the beginning of the analyzed timeframe, the payables period was approximately 83.34 days as of August 31, 2020. The period then exhibited an upward trend, reaching a peak of 100.12 days in August 2021, suggesting an extended time to settle obligations to suppliers during this interval. Subsequently, the payables duration experienced a decline, decreasing to around 73.13 days by February 28, 2023.
Following this decrease, a moderate increase is observable, with the period rising again to approximately 79.32 days in May 2023 and maintaining a similar level through August 2023 at 79.30 days. The most recent data from November 2023 shows a slight reduction to 78.08 days. The trend continues with further variation in the subsequent periods, with the number of payables days reaching a low of 61.49 days in February 2024, before increasing again to approximately 68.74 days by May 2024.
In the latest recorded period, as of August 2024, the payables period was approximately 91.54 days, followed by a decrease to 78.79 days in November 2024. The data extends into early 2025, indicating a payables period of around 67.79 days as of February 2025, and slightly increasing again to approximately 78.01 days by May 2025.
Overall, the payables period demonstrates variability, with periods of both elongation and shortening, reflecting potential changes in credit terms with suppliers, cash flow management strategies, or operational adjustments over time.
Peer comparison
May 31, 2025