United Natural Foods Inc (UNFI)
Number of days of payables
| Aug 3, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 15.92 | 11.82 | 11.52 | 10.26 | 11.09 | 14.13 | 14.30 | 13.14 | 14.24 | 14.16 | 13.65 | 12.28 | 14.01 | 14.49 | 14.53 | 10.18 | 10.58 | 10.30 | 11.43 | 13.67 | |
| Number of days of payables | days | 22.93 | 30.88 | 31.68 | 35.58 | 32.92 | 25.83 | 25.53 | 27.77 | 25.64 | 25.77 | 26.74 | 29.73 | 26.04 | 25.19 | 25.12 | 35.86 | 34.49 | 35.44 | 31.95 | 26.70 |
August 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.92
= 22.93
United Natural Foods Inc's number of days of payables has fluctuated over the past few years, with an average ranging from around 25 to 35 days. This ratio represents the average number of days it takes the company to pay its suppliers. A lower number of days indicates that the company is paying its suppliers more quickly, while a higher number suggests that the company is taking longer to pay its bills.
The trend in United Natural Foods Inc's number of days of payables shows some variation but generally remains within a relatively stable range. This suggests that the company has been consistent in managing its payment schedules to suppliers. However, it is important to monitor any significant deviations in this ratio as they could indicate changes in the company's working capital management or supplier relationships.
Peer comparison
Aug 3, 2024