United Natural Foods Inc (UNFI)
Number of days of payables
| 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 | Aug 3, 2019 | Apr 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 12.39 | 10.24 | |
| Number of days of payables | days | 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 | 29.45 | 35.63 |
January 27, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.52
= 31.68
The number of days of payables for United Natural Foods Inc. has shown a slight fluctuation over the last eight quarters. In Q2 2024, the company had 23.97 days of payables, which was lower compared to the previous quarter's 26.92 days in Q1 2024. This decrease in the number of days indicates that the company took fewer days to pay its outstanding liabilities to suppliers.
Looking further back, the number of days of payables has generally ranged between 24 to 27 days over the last two years. This suggests that United Natural Foods Inc. has been able to maintain a consistent payment schedule to its suppliers, with only minor variations quarter over quarter.
Overall, the trend in the number of days of payables for United Natural Foods Inc. indicates a stable and well-managed approach to managing its trade payables, reflecting the company's ability to effectively balance its cash flow needs and vendor payment obligations.
Peer comparison
Jan 27, 2024