Agilysys Inc (AGYS)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 103,636 | 93,208 | 77,246 | 61,104 | 47,800 |
| Payables | US$ in thousands | — | 9,422 | 9,418 | 9,766 | 6,346 |
| Payables turnover | — | 9.89 | 8.20 | 6.26 | 7.53 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $103,636K ÷ $—K
= —
Agilysys Inc's payables turnover has shown fluctuation over the years. In March 2021, the payables turnover was 7.53, which decreased to 6.26 by March 2022. However, it subsequently improved to 8.20 in March 2023 and further increased to 9.89 in March 2024. Notably, there is no data available for March 2025.
Overall, the trend indicates that Agilysys Inc has been able to manage its payables effectively, with a general improvement in payables turnover from 2021 to 2024. This suggests that the company is efficiently managing its accounts payable obligations, paying its suppliers in a timely manner, and potentially negotiating favorable credit terms.
Peer comparison
Mar 31, 2025