Nordstrom (Nordstrom) Days Payable : 50.67 (As of Jan. 2024)

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What is Nordstrom Days Payable?

Nordstrom's average Accounts Payable for the three months ended in Jan. 2024 was $1,563 Mil. Nordstrom's Cost of Goods Sold for the three months ended in Jan. 2024 was $2,815 Mil. Hence, Nordstrom's Days Payable for the three months ended in Jan. 2024 was 50.67.

The historical rank and industry rank for Nordstrom's Days Payable or its related term are showing as below:

JWN' s Days Payable Range Over the Past 10 Years
Min: 48.53 Med: 52.26 Max: 84.91
Current: 58.63

During the past 13 years, Nordstrom's highest Days Payable was 84.91. The lowest was 48.53. And the median was 52.26.

JWN's Days Payable is ranked better than
51.21% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs JWN: 58.63

Nordstrom's Days Payable declined from Jan. 2023 (53.80) to Jan. 2024 (50.67). It may suggest that Nordstrom accelerated paying its suppliers.

Nordstrom Days Payable Historical Data

The historical data trend for Nordstrom's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nordstrom Days Payable Chart

Nordstrom Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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55.95

84.91

68.14

50.40

48.53

Nordstrom Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															53.80	65.51	59.58	72.91	50.67

Competitive Comparison of Nordstrom's Days Payable

For the Department Stores subindustry, Nordstrom's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nordstrom's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nordstrom's Days Payable distribution charts can be found below:

* The bar in red indicates where Nordstrom's Days Payable falls into.

Nordstrom Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Nordstrom's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (1238	+	1236)	/	2 )	/	9303	*	365
=	1237					/	9303	*	365
=	48.53

Nordstrom's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1890	+	1236)	/	2 )	/	2815	*	365 / 4
=	1563					/	2815	*	365 / 4
=	50.67

Nordstrom Days Payable Related Terms

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Nordstrom (Nordstrom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nordstrom Inc (NYSE:JWN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JWN:Mexico NRD:Germany J1WN34:Brazil

Address

1617 Sixth Avenue, Seattle, WA, USA, 98101

Website

https://www.Nordstrom.com

Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

Executives

Gemma Lionello	officer: Executive Vice President	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Guy Persaud	director	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Fanya Chandler	officer: President, Nordstrom Stores	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Teri Bariquit	officer: Executive Vice President	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Cathy R Smith	officer: Chief Financial Officer	TARGET CORPORATION, 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Jason Morris	officer: CTIO	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATLE WA 98101
Eric D Sprunk	director	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Ken Worzel	officer: Executive Vice President	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Atticus Nathaniel Tysen	director	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Anne L Bramman	officer: Chief Financial Officer	207 GOODE AVENUE, GLENDALE CA 91203
Amie Thuener O'toole	director	C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Peter E Nordstrom	officer: Executive Vice President	C/O NORDSTROM INC, 1617 SIXTH AVE, SEATTLE WA 98101
Bradley D Tilden	director	NORDSTROM, INC. ATTN: CORP. SEC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Farrell B. Redwine	officer: Chief Human Resources Officer	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Geevy Sk Thomas	officer: Executive Vice President	C/O NORDSTROM INC, 5820 GLADES ROAD, BOCA RATON FL 33431