Walgreens Boots Alliance Inc (WBA)
Number of days of payables
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.74 | 12.46 | 12.77 | 10.84 | 11.86 | 12.22 | 11.29 | 11.60 | 11.93 | 11.32 | 11.94 | 10.65 | 12.26 | 9.11 | 9.83 | 6.84 | 10.59 | 10.01 | 9.04 | 8.69 | |
| Number of days of payables | days | 31.09 | 29.29 | 28.57 | 33.68 | 30.77 | 29.88 | 32.34 | 31.47 | 30.58 | 32.23 | 30.58 | 34.26 | 29.76 | 40.09 | 37.13 | 53.37 | 34.45 | 36.48 | 40.36 | 42.00 |
August 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.74
= 31.09
The number of days of payables for Walgreens Boots Alliance Inc has fluctuated over the past few years, indicating varying efficiencies in managing its accounts payable. The company takes an average of around 32 days to pay its suppliers based on the recent data.
It is noteworthy that the number of days of payables has decreased slightly in the most recent periods, suggesting potential improvements in managing supplier payment timelines. This could positively impact the company's cash flow and working capital management.
Overall, monitoring the number of days of payables is essential for understanding how effectively Walgreens Boots Alliance Inc is utilizing its trade credit terms and managing its cash flow.
Peer comparison
Aug 31, 2024
See also:
Walgreens Boots Alliance Inc Average Payables Payment Period (Quarterly Data)