Shoe Carnival Inc (SCVL)
Number of days of payables
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 12.95 | — | — | 10.07 | |
| Number of days of payables | days | — | 28.19 | — | — | 36.24 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Shoe Carnival Inc has shown fluctuations over the years. As of January 28, 2023, the company took approximately 36.24 days to pay its payables. However, as of January 31, 2023, and January 31, 2024, specific data was unavailable (indicated as "— days"), possibly due to data reporting issues or changes in accounting practices.
By February 3, 2024, the number of days of payables decreased to 28.19 days, suggesting the company might have improved its efficiency in managing payables during that period. As of January 31, 2025, no specific data was provided for this metric.
Overall, monitoring the trend of days of payables can offer insights into the company's payment practices and relationships with its suppliers. Fluctuations in this ratio could indicate changes in the company's working capital management or supplier agreements, warranting further examination for a comprehensive financial analysis.
Peer comparison
Jan 31, 2025