John Wiley & Sons (WLY)
Number of days of payables
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 30.33 | 40.61 | 38.84 | 43.19 | 22.94 | 61.22 | 41.13 | 33.87 | 25.51 | 24.28 | 35.53 | 28.61 | 17.35 | 26.85 | 35.43 | 36.63 | 20.58 | 35.93 | 27.91 | 31.04 | |
| Number of days of payables | days | 12.03 | 8.99 | 9.40 | 8.45 | 15.91 | 5.96 | 8.87 | 10.78 | 14.31 | 15.04 | 10.27 | 12.76 | 21.04 | 13.60 | 10.30 | 9.96 | 17.74 | 10.16 | 13.08 | 11.76 |
April 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 30.33
= 12.03
The number of days of payables for John Wiley & Sons has shown some fluctuations over the past quarters. The company's payables turnover cycle has ranged from as low as 5.96 days to as high as 21.04 days. The average number of days of payables over the period indicates that the company takes approximately 11.98 days on average to pay its suppliers.
A lower number of days of payables suggests that the company is efficiently managing its payables by paying its suppliers more quickly. Conversely, a higher number of days of payables may indicate that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or signal liquidity issues.
It is important to further investigate the reasons behind the fluctuations in the number of days of payables to assess the company's working capital management practices and financial health. Additionally, comparing John Wiley & Sons' payables turnover cycle to industry benchmarks or to its historical data can provide valuable insights into its financial performance and operational efficiency.
Peer comparison
Apr 30, 2024