Workday Inc (WDAY)

Number of days of payables

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Payables turnover		33.91	40.04	18.29	41.30	25.67
Number of days of payables	days	10.76	9.12	19.96	8.84	14.22

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 33.91
= 10.76

To analyze the number of days of payables for Workday Inc over the past five years, we can see a fluctuation in the metric:

- As of January 31, 2021, Workday had an average of 14.22 days of payables outstanding.
- By January 31, 2022, this number decreased significantly to a lower average of 8.84 days, indicating a more efficient management of payables during that period.
- However, there was a notable increase in the number of days of payables by January 31, 2023, reaching an average of 19.96 days.
- Workday then managed to improve its payables efficiency once again by January 31, 2024, with an average of only 9.12 days outstanding.
- Finally, as of January 31, 2025, the number of days of payables increased slightly to an average of 10.76 days.

Overall, the trend shows some fluctuations in the number of days of payables for Workday Inc over the past five years, with efforts to optimize payables efficiency evident in certain periods. These fluctuations can be influenced by various factors such as changes in payment terms, vendor relationships, and company strategies.