United Natural Foods Inc (UNFI)
Number of days of payables
| Aug 3, 2024 | Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Aug 1, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 15.92 | 14.71 | 14.24 | 14.02 | 13.99 | |
| Number of days of payables | days | 22.93 | 24.82 | 25.64 | 26.03 | 26.10 |
August 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.92
= 22.93
The number of days of payables for United Natural Foods Inc has shown a slight improvement over the past five years. From August 1, 2020, to August 3, 2024, the number of days of payables decreased from 26.10 days to 22.93 days. This signifies that the company has been able to manage its payables more efficiently over this period. A lower number of days of payables indicates that the company is taking fewer days to pay its suppliers, which can lead to improved cash flow management and potentially better relationships with its suppliers. This trend suggests that United Natural Foods Inc has been effective in optimizing its payable turnover and managing its working capital effectively in recent years.
Peer comparison
Aug 3, 2024