Amphastar P (AMPH)

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 11.74 9.98 10.17 8.45 11.53 8.61 14.05 11.45 12.20 12.57 8.06 10.25 10.72 10.73 7.87 9.43 8.48 8.52 9.00 11.48
Number of days of payables days 31.10 36.57 35.90 43.18 31.66 42.41 25.97 31.86 29.92 29.04 45.31 35.59 34.06 34.01 46.39 38.72 43.05 42.84 40.55 31.81

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.74
= 31.10

The number of days of payables for Amphastar P has shown some fluctuations over the periods provided. The trend indicates variability in the company's ability to pay its suppliers or vendors.

From March 31, 2020, to June 30, 2021, there was an increasing trend in the number of days of payables, indicating that the company was taking longer to pay its suppliers. However, from September 30, 2021, to June 30, 2024, there was some fluctuation in the number of days of payables, suggesting changes in the company's payment practices.

The lowest number of days of payables were recorded on June 30, 2023, at 25.97 days, indicating that the company was relatively efficient in paying its suppliers during that period. On the other hand, the highest number of days of payables were noted on June 30, 2021, at 46.39 days, suggesting a potential liquidity challenge or a deliberate strategy to manage cash flow.

Overall, analyzing the number of days of payables can provide insights into a company's cash management practices, supplier relationships, and financial health, as well as its efficiency in managing working capital. It is important to monitor this ratio over time to assess changes in the company's payment behaviors and financial stability.