Victoria's Secret & Co (VSCO)
Number of days of payables
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Payables turnover | 11.62 | 12.20 | 10.99 | |
| Number of days of payables | days | 31.41 | 29.93 | 33.20 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.62
= 31.41
Victoria's Secret & Co's number of days of payables has shown a fluctuating trend over the past three fiscal years. As of Feb 3, 2024, the company took approximately 31.41 days to pay its trade payables, an increase from the previous year's 29.93 days. This suggests that the company is taking slightly longer to settle its payables. However, when compared to Jan 29, 2022, where the number of days of payables was 33.20 days, there has been an improvement in the efficiency of payables management. Overall, a lower number of days of payables indicates a faster turnover of payables and potentially better liquidity management within the company.
Peer comparison
Feb 3, 2024