VF Corporation (VFC)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.60 | 6.14 | 5.89 | 9.57 | 9.44 | |
| Number of days of payables | days | 65.19 | 59.44 | 61.96 | 38.15 | 38.68 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.60
= 65.19
The number of days of payables for VF Corporation has exhibited some fluctuations over the past five years. In March 2021, the company took approximately 38.68 days to pay its suppliers, which decreased slightly to 38.15 days by March 2022. However, by March 2023, there was a noticeable increase to 61.96 days, indicating that VF Corporation was taking longer to settle its payables. This trend continued in March 2024, with the number of days of payables slightly decreasing to 59.44 days. By March 2025, the number of days of payables further increased to 65.19 days, suggesting that the company was taking even longer to pay off its suppliers compared to the previous year. Overall, the fluctuation in the number of days of payables may indicate changes in the company's payment terms and cash flow management over the years.
Peer comparison
Mar 31, 2025