Arista Networks (ANET)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | 8.10 | 6.39 | 9.29 | 7.23 | 8.61 | |
Number of days of payables | days | 45.04 | 57.09 | 39.31 | 50.46 | 42.41 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.10
= 45.04
Based on the data provided, Arista Networks' number of days of payables have shown some fluctuations over the years. The trend indicates that the company took approximately 42.41 days to pay its payables on December 31, 2020, which increased to 50.46 days on December 31, 2021. Subsequently, on December 31, 2022, the number of days decreased to 39.31 days before rising again to 57.09 days on December 31, 2023. However, by December 31, 2024, the number of days decreased to 45.04 days. This fluctuation in the number of days of payables may indicate changes in Arista Networks' payment strategies or the company's relationships with its suppliers.
Peer comparison
Dec 31, 2024