Tapestry Inc (TPR)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.78 | 4.36 | 3.33 | 3.20 | 3.94 | 4.90 | 4.03 | 4.94 | 4.67 | 6.06 | 4.64 | 4.06 | 3.91 | 4.13 | 4.07 | 4.19 | 3.74 | 3.49 | 3.95 | 5.48 | |
| Number of days of payables | days | 96.69 | 83.77 | 109.68 | 114.19 | 92.64 | 74.47 | 90.60 | 73.88 | 78.20 | 60.26 | 78.67 | 89.92 | 93.43 | 88.38 | 89.63 | 87.12 | 97.63 | 104.45 | 92.39 | 66.66 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.78
= 96.69
The number of days of payables for Tapestry Inc. has exhibited notable fluctuations over the observed period. Starting at approximately 66.66 days as of September 30, 2020, there was a significant increase, reaching its peak at 104.45 days by March 31, 2021. This upward trend persisted through June 30, 2021, with the ratio at 97.63 days, then slightly decreased to 87.12 days by September 30, 2021, and remained relatively stable into December 2021 at 89.63 days.
Throughout 2022, the days of payables fluctuated within a narrow range, with a slight decrease observed towards the end of the year, culminating in 78.67 days as of December 31, 2022. Early 2023 saw a reduction to 60.26 days in March, indicating quicker payment cycles, but this trend reversed in subsequent quarters, with the figure rising back to approximately 78.20 days by June 2023, and around 73.88 days at the end of September 2023.
In 2024, the days of payables experienced considerable volatility; it increased substantially to 90.60 days by December 31, 2024, after reaching 74.47 days in March. The trend continued upward in June 2024 at 92.64 days, peaking at 114.19 days in September 2024, indicating extended payment periods. This peak was followed by a reduction to 109.68 days at year's end. The first half of 2025 displayed variability as well, with the ratio decreasing to 83.77 days in March but rebounding to 96.69 days by June 2025. Overall, the data suggest periods of both increased and decreased payables, reflecting adjustments in the company's payment policies or supplier terms over time.
Peer comparison
Jun 30, 2025