Victoria's Secret & Co (VSCO)
Number of days of payables
| Feb 3, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.64 | 9.24 | 7.72 | 10.57 | 8.51 | 14.94 | 12.22 | 13.49 | ||||
| Number of days of payables | days | 31.36 | 39.52 | 47.28 | 34.54 | 42.88 | 24.44 | 29.87 | 27.06 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.64
= 31.36
The number of days of payables for Victoria's Secret & Co has shown some fluctuations over the past few quarters. From the data provided, we observe that the number of days of payables ranged from 24.44 days to 47.28 days.
The trend indicates that the company took, on average, around 31 to 47 days to pay its suppliers over the given periods. A decreasing trend is visible from the second to the fifth quarter in the data, suggesting the company was taking fewer days to pay its payables. However, in the sixth quarter, there was a notable increase in the number of days of payables, indicating a longer payment period to suppliers compared to the previous quarter.
Overall, monitoring the number of days of payables is crucial for understanding a company's liquidity management and supplier relationships. An increasing trend in days of payables could indicate potential liquidity issues, while a decreasing trend may signal improved payment practices.
Peer comparison
Feb 3, 2024