Walmart Inc (WMT)
Number of days of payables
Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | 8.63 | 8.63 | 7.76 | 8.55 | 8.40 | |
Number of days of payables | days | 42.31 | 42.30 | 47.02 | 42.67 | 43.45 |
January 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.63
= 42.31
Walmart Inc's number of days of payables has shown some variability over the past five years. As of January 31, 2024, the company's number of days of payables stood at 42.31 days, which is slightly higher compared to the previous year. In general, the trend in the number of days of payables has been relatively stable, with fluctuations within a narrow range. This indicates that the company typically takes around 42-47 days to pay its suppliers and vendors for goods or services received. Maintaining a consistent number of days of payables can have implications for the company's working capital management and cash flow position. It would be advisable for Walmart Inc to further analyze its payables process and ensure efficient management to optimize cash flow and supplier relationships.
Peer comparison
Jan 31, 2024