Williams-Sonoma Inc (WSM)
Number of days of payables
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.42 | 4.29 | 3.56 | 3.18 | 3.21 | |
| Number of days of payables | days | 106.63 | 85.03 | 102.61 | 114.86 | 113.70 |
January 28, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.42
= 106.63
Williams-Sonoma Inc's number of days of payables has shown variability over the past five years. As of January 28, 2024, the company's number of days of payables stands at 106.63 days, indicating that it takes approximately 106 days for the company to pay its suppliers and vendors.
Compared to the previous year, there has been an increase in the number of days of payables, suggesting that Williams-Sonoma Inc may be taking longer to settle its payables. However, it is important to note that the current figure is still lower than the level observed in the fiscal year ending January 31, 2021.
The trend in the number of days of payables indicates that the company's payment practices have fluctuated in recent years. This metric is crucial as it reflects the company's ability to manage its working capital effectively and negotiate favorable payment terms with its suppliers. Further analysis of the underlying reasons for the changes in the number of days of payables can provide insights into Williams-Sonoma Inc's liquidity management and relationships with its vendors.