Walmart Inc (WMT)

Number of days of payables

		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	Apr 30, 2019
Payables turnover		8.63	7.92	8.45	8.70	8.63	7.93	8.18	8.17	7.76	7.50	8.55	8.75	8.55	7.62	8.81	9.15	8.40	7.87	8.48	8.57
Number of days of payables	days	42.31	46.06	43.19	41.95	42.30	46.06	44.63	44.66	47.02	48.66	42.69	41.69	42.67	47.88	41.41	39.88	43.45	46.35	43.04	42.59

January 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.63
= 42.31

To analyze Walmart Inc's number of days of payables, we observed fluctuations over the past 20 reported periods. The average number of days of payables during this time frame is approximately 43.62 days.

During the latest reported period (January 31, 2024), Walmart Inc had payable days of 42.31 days, showing an improvement from the previous period. The trend indicates that the company has been managing its payables efficiently, as the payable days have generally been around the average or slightly lower in recent periods.

It is important to note that a lower number of days of payables is generally favorable as it suggests that the company takes less time to pay its suppliers, potentially indicating strong liquidity and good relationships with vendors. Conversely, a significant increase in the number of days of payables could signal potential cash flow challenges or strained supplier relationships.

Overall, Walmart Inc's number of days of payables reflects a relatively stable and efficient payables management strategy, contributing to its overall financial health and operational performance. It is important to continue monitoring this metric to ensure sustainable working capital management.