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Calculate the most current Days of Working Capital for Ulta Beauty. Consolidated Statements of Cash Flows - USD ($) $ in Thousands 6 Months Ended

Calculate the most current Days of Working Capital for Ulta Beauty.

Consolidated Statements of Cash Flows - USD ($) $ in Thousands 6 Months Ended
Jul. 29, 2023 Jul. 30, 2022
Operating activities
Net income $ 647,153 $ 627,072
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 119,862 123,721
Non-cash lease expense 152,867 146,251
Deferred income taxes 666 336
Stock-based compensation expense 21,539 22,875
Loss on disposal of property and equipment 3,878 2,277
Change in operating assets and liabilities:
Receivables 24,978 53,168
Merchandise inventories (212,088) (166,912)
Prepaid expenses and other current assets 19,722 (12,200)
Income taxes 8,194 (45,906)
Accounts payable (38,752) 40,051
Accrued liabilities (102,763) (49,364)
Deferred revenue (40,424) (37,008)
Operating lease liabilities (163,527) (163,302)
Other assets and liabilities (12,497) (392)
Net cash provided by operating activities 428,808 540,667
Investing activities
Capital expenditures (204,748) (120,500)
Other investments (1,687) (1,249)
Net cash used in investing activities (206,435) (121,749)
Financing activities
Repurchase of common shares (559,011) (434,448)
Stock options exercised 9,147 24,521
Purchase of treasury shares (21,759) (6,325)
Net cash used in financing activities (571,623) (416,252)
Net (decrease) increase in cash and cash equivalents (349,250) 2,666
Cash and cash equivalents at beginning of period 737,877 431,560
Cash and cash equivalents at end of period 388,627 434,226
Supplemental information
Income taxes paid, net of refunds 189,166 246,641
Non-cash capital expenditures $ 51,860 $ 42,451

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