Agilysys Inc (AGYS)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 9.89 | 8.20 | 6.26 | 7.53 | |
| Number of days of payables | days | — | 36.90 | 44.50 | 58.34 | 48.46 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Agilysys Inc has shown some fluctuations over the past five years. In March 2021, the company took, on average, 48.46 days to pay its outstanding payables. This number increased to 58.34 days by March 2022, indicating a longer time taken to settle its payables.
However, in the following year, by March 2023, Agilysys managed to reduce its number of days of payables to 44.50 days, showing an improvement in its payables management efficiency. By March 2024, the number of days of payables further decreased to 36.90 days, suggesting a continued effort to enhance payment practices and potentially negotiate more favorable terms with suppliers.
In the most recent year for which data is available, March 2025, the number of days of payables is not provided (denoted as "— days"), making it challenging to assess the company's current payables management performance. Overall, a decreasing trend in the number of days of payables from 2021 to 2024 implies that Agilysys may have been focusing on optimizing its payables processes and strengthening its vendor relationships. Monitoring this ratio in the future will be important to gauge the efficiency of the company's payables management.
Peer comparison
Mar 31, 2025