Urban Outfitters Inc (URBN)
Number of days of payables
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 13.52 | 13.05 | 10.04 | 10.84 | 16.26 | |
| Number of days of payables | days | 26.99 | 27.97 | 36.35 | 33.68 | 22.45 |
January 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 13.52
= 26.99
The number of days of payables for Urban Outfitters Inc has shown fluctuations over the past five years. In particular, there has been a downward trend from 36.35 days in January 2022 to 26.99 days in January 2024. This indicates that the company is taking fewer days to pay its suppliers, which could suggest more efficient management of payables or potentially improved cash flow. However, it is important to note that the number of days of payables can be influenced by various factors such as payment terms negotiated with suppliers and changes in company policies. Overall, a decreasing trend in the number of days of payables is generally viewed positively as it can indicate stronger liquidity position and effective working capital management.
Peer comparison
Jan 31, 2024