SpartanNash Co (SPTN)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | 15.33 | — | 17.68 | — | 18.76 | — | — | 16.48 | — | — | 17.00 | — | — | 14.34 | — | |
| Number of days of payables | days | — | — | — | — | — | 23.81 | — | 20.64 | — | 19.45 | — | — | 22.15 | — | — | 21.48 | — | — | 25.46 | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for SpartanNash Co has shown fluctuations over the provided time periods. Looking at the data, we observe that the number of days of payables was not disclosed for several quarters, denoted by "— days." However, when the information is available, we note that the number of days of payables ranged from 19.45 days to 25.46 days.
In interpreting this metric, a lower number of days of payables indicates that the company is taking less time to pay its suppliers, which can be beneficial for cash flow management. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its obligations, potentially indicating strained supplier relationships or inefficiencies in working capital management.
It is essential for stakeholders to monitor changes in the number of days of payables over time to understand the company's payment practices and financial health. Further analysis in conjunction with other financial ratios and information about the industry and economic conditions can provide a more comprehensive insight into SpartanNash Co's financial performance and liquidity position.
Peer comparison
Dec 31, 2024