Analysis of Short-term (Operating) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Paying users area
Try for free
Home Depot Inc. pages available for free this week:
- Income Statement
- Common-Size Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Price to FCFE (P/FCFE)
- Price to Operating Profit (P/OP) since 2005
- Price to Book Value (P/BV) since 2005
- Analysis of Inventory
- Adjusted Financial Ratios
The data is hidden behind: . Unhide it.
Get 1-month access to Home Depot Inc. for $19.99, or
get full access to the entire website for at least 3 months from $49.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Short-term Activity Ratios (Summary)
Home Depot Inc., short-term (operating) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
| Short-term activity ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Home Depot Inc. inventory turnover ratio improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Home Depot Inc. receivables turnover ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022. |
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Home Depot Inc. payables turnover ratio increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Home Depot Inc. working capital turnover ratio improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | Home Depot Inc. number of days of inventory outstanding improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | |
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | Home Depot Inc. operating cycle improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | Home Depot Inc. number of days of payables outstanding decreased from Q1 2022 to Q2 2022 but then slightly increased from Q2 2022 to Q3 2022. |
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Home Depot Inc. cash conversion cycle deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
Inventory Turnover
Home Depot Inc., inventory turnover calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Cost of sales | |||||||||||||||||||||||||||||||||||
| Merchandise inventories | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Inventory turnover1 | |||||||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Inventory Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | |||||||||||||||||||||||||||||||||||
| Lowe’s Cos. Inc. | |||||||||||||||||||||||||||||||||||
| Target Corp. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Inventory turnover
= (Cost of salesQ3 2022
+ Cost of salesQ2 2022
+ Cost of salesQ1 2022
+ Cost of salesQ4 2021)
÷ Merchandise inventories
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Home Depot Inc. inventory turnover ratio improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
Receivables Turnover
Home Depot Inc., receivables turnover calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net sales | |||||||||||||||||||||||||||||||||||
| Receivables, net | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Receivables turnover1 | |||||||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Receivables Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Booking Holdings Inc. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Receivables turnover
= (Net salesQ3 2022
+ Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021)
÷ Receivables, net
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Home Depot Inc. receivables turnover ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022. |
Payables Turnover
Home Depot Inc., payables turnover calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Cost of sales | |||||||||||||||||||||||||||||||||||
| Accounts payable | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Payables turnover1 | |||||||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Payables Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | |||||||||||||||||||||||||||||||||||
| Booking Holdings Inc. | |||||||||||||||||||||||||||||||||||
| Lowe’s Cos. Inc. | |||||||||||||||||||||||||||||||||||
| Target Corp. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Payables turnover
= (Cost of salesQ3 2022
+ Cost of salesQ2 2022
+ Cost of salesQ1 2022
+ Cost of salesQ4 2021)
÷ Accounts payable
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Home Depot Inc. payables turnover ratio increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022. |
Working Capital Turnover
Home Depot Inc., working capital turnover calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Current assets | |||||||||||||||||||||||||||||||||||
| Less: Current liabilities | |||||||||||||||||||||||||||||||||||
| Working capital | |||||||||||||||||||||||||||||||||||
| Net sales | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Working capital turnover1 | |||||||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Working Capital Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | |||||||||||||||||||||||||||||||||||
| Booking Holdings Inc. | |||||||||||||||||||||||||||||||||||
| Lowe’s Cos. Inc. | |||||||||||||||||||||||||||||||||||
| Target Corp. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Working capital turnover
= (Net salesQ3 2022
+ Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021)
÷ Working capital
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Home Depot Inc. working capital turnover ratio improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
Average Inventory Processing Period
Home Depot Inc., average inventory processing period calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||||
| Inventory turnover | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||||||||
| Average inventory processing period1 | |||||||||||||||||||||||||||||||||||
| Benchmarks (no. days) | |||||||||||||||||||||||||||||||||||
| Average Inventory Processing Period, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | |||||||||||||||||||||||||||||||||||
| Lowe’s Cos. Inc. | |||||||||||||||||||||||||||||||||||
| Target Corp. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | Home Depot Inc. number of days of inventory outstanding improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
Average Receivable Collection Period
Home Depot Inc., average receivable collection period calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||||
| Receivables turnover | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||||||||
| Average receivable collection period1 | |||||||||||||||||||||||||||||||||||
| Benchmarks (no. days) | |||||||||||||||||||||||||||||||||||
| Average Receivable Collection Period, Competitors2 | |||||||||||||||||||||||||||||||||||
| Booking Holdings Inc. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. |
Operating Cycle
Home Depot Inc., operating cycle calculation (quarterly data)
No. days
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||||
| Average inventory processing period | |||||||||||||||||||||||||||||||||||
| Average receivable collection period | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Operating cycle1 | |||||||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Operating Cycle, Competitors2 | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= + =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | Home Depot Inc. operating cycle improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
Average Payables Payment Period
Home Depot Inc., average payables payment period calculation (quarterly data)
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||||
| Payables turnover | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||||||||
| Average payables payment period1 | |||||||||||||||||||||||||||||||||||
| Benchmarks (no. days) | |||||||||||||||||||||||||||||||||||
| Average Payables Payment Period, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | |||||||||||||||||||||||||||||||||||
| Booking Holdings Inc. | |||||||||||||||||||||||||||||||||||
| Lowe’s Cos. Inc. | |||||||||||||||||||||||||||||||||||
| Target Corp. | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | Home Depot Inc. number of days of payables outstanding decreased from Q1 2022 to Q2 2022 but then slightly increased from Q2 2022 to Q3 2022. |
Cash Conversion Cycle
Home Depot Inc., cash conversion cycle calculation (quarterly data)
No. days
| Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||||||||||||||||||||
| Average inventory processing period | |||||||||||||||||||||||||||||||||||
| Average receivable collection period | |||||||||||||||||||||||||||||||||||
| Average payables payment period | |||||||||||||||||||||||||||||||||||
| Short-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Cash conversion cycle1 | |||||||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Cash Conversion Cycle, Competitors2 | |||||||||||||||||||||||||||||||||||
| TJX Cos. Inc. | |||||||||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-11-01), 10-Q (reporting date: 2015-08-02), 10-Q (reporting date: 2015-05-03).
1 Q3 2022 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= + – =
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Home Depot Inc. cash conversion cycle deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |