Urban Outfitters Inc (URBN)

Number of days of payables

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Payables turnover		13.52	10.63	12.51	12.81	13.05	10.17	9.32	10.64	10.04	9.16	11.63	10.47	10.84	7.42	12.62	25.75	16.26	11.43	14.46	15.04
Number of days of payables	days	26.99	34.35	29.18	28.50	27.97	35.90	39.14	34.30	36.35	39.87	31.38	34.87	33.68	49.20	28.93	14.17	22.45	31.95	25.25	24.27

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 fluctuated over the historical periods provided. The average number of days of payables over this period is around 31 days.

The trend indicates that the company has been able to manage its payables effectively, with periods of lower days of payables suggesting efficient management of supplier credit terms. However, there are also periods of higher days of payables, which may indicate delays in payments to suppliers.

Overall, a lower number of days of payables indicates that the company is paying its suppliers more quickly, potentially impacting its cash flow position. Conversely, a higher number of days of payables suggests that the company is taking longer to pay its bills, which may improve cash flow but could strain supplier relationships.

It is important for investors and stakeholders to monitor changes in the number of days of payables to assess how effectively Urban Outfitters Inc is managing its working capital and relationships with suppliers.