Agilysys Inc (AGYS)

Number of days of payables

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Payables turnover 6.01 8.51 7.57 9.42 10.01 9.98 8.58 7.70 8.20 7.73 6.81 8.09 6.26 6.86 5.86 6.82 7.53 10.11 19.96 16.37
Number of days of payables days 60.76 42.88 48.21 38.77 36.47 36.56 42.55 47.37 44.50 47.21 53.61 45.09 58.34 53.23 62.24 53.51 48.46 36.11 18.29 22.29

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.01
= 60.76

Agilysys Inc's number of days of payables has varied over the analyzed period from June 30, 2020, to March 31, 2025. The number of days of payables is a metric that indicates how long the company takes to pay its suppliers or vendors.

Initially, Agilysys Inc had a number of days of payables of 22.29 days on June 30, 2020. This number decreased to 18.29 days by September 30, 2020, indicating a more efficient payment cycle. However, by December 31, 2020, the number of days of payables increased substantially to 36.11 days, suggesting a slower payment cycle and potentially stretching vendor payment terms.

The trend continued with fluctuations in the following periods. By March 31, 2021, the number of days of payables further increased to 48.46 days, reaching a peak of 62.24 days on September 30, 2021. This indicates that Agilysys Inc was taking longer to pay its suppliers during these periods.

From there, the number of days of payables fluctuated, showing some improvements in the payment cycle. For instance, by December 31, 2023, the number of days decreased to 36.56 days, showing a more efficient payment process. However, by March 31, 2025, the number of days of payables increased again to 60.76 days, indicating a longer payment cycle compared to the previous period.

Overall, the analysis of Agilysys Inc's number of days of payables shows varying trends in how the company manages its payables, with fluctuations indicating changes in vendor payment practices over time.