Akamai Technologies Inc (AKAM)
Number of days of payables
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.42 | 15.00 | 12.64 | 11.47 | 10.28 | 10.21 | 7.40 | 6.99 | 9.52 | 11.35 | 10.04 | 10.53 | 11.54 | 12.69 | 12.99 | 9.80 | 9.55 | 9.46 | 6.82 | 8.90 | |
| Number of days of payables | days | 29.38 | 24.33 | 28.87 | 31.83 | 35.49 | 35.73 | 49.33 | 52.24 | 38.36 | 32.16 | 36.36 | 34.65 | 31.62 | 28.76 | 28.10 | 37.24 | 38.20 | 38.58 | 53.51 | 41.01 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.42
= 29.38
The number of days of payables for Akamai Technologies Inc has shown fluctuations over the periods presented. The company's payables turnover period ranged between 24.33 days to 53.51 days based on the data provided.
Akamai Technologies Inc experienced a decrease in the number of days of payables from September 30, 2021 (28.76 days) to September 30, 2022 (32.16 days) before observing another decline to 24.33 days on September 30, 2024. Prior to this, there was a notable increase in days of payables from September 30, 2022 to March 31, 2023, peaking at 52.24 days.
These fluctuations in the number of days of payables may indicate changes in the company's payment policies or interactions with suppliers. Additionally, the trends observed over time can provide insights into Akamai Technologies Inc's liquidity management and working capital practices.
Peer comparison
Dec 31, 2024