ANGI Homeservices Inc (ANGI)
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 | 2.03 | 4.44 | 3.21 | 5.75 | 4.52 | 4.87 | 3.88 | 7.72 | 12.29 | 14.41 | 8.71 | 10.29 | 6.56 | 8.39 | 6.93 | 4.18 | 5.50 | 5.63 | 3.14 | 2.24 | |
| Number of days of payables | days | 180.21 | 82.12 | 113.70 | 63.49 | 80.82 | 74.90 | 94.14 | 47.29 | 29.71 | 25.32 | 41.89 | 35.47 | 55.64 | 43.52 | 52.65 | 87.30 | 66.36 | 64.89 | 116.21 | 162.74 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.03
= 180.21
The analysis of ANGI Homeservices Inc.'s days of payables over the period indicates notable fluctuations that provide insights into the company's working capital management and payment practices. Initially, at the end of June 2020, the number of days of payables was approximately 162.74 days, reflecting a relatively extended period to settle trade payables. This high figure decreased significantly by September 2020 to approximately 116.21 days and further declined to about 64.89 days by the end of December 2020, suggesting an acceleration in payment cycles during that quarter.
Throughout 2021, the number of days of payables demonstrated variability, with a notable decrease to approximately 52.65 days by the end of September 2021 and further down to roughly 43.52 days at year-end. This trend indicates an improvement in the company's accounts payable management, possibly aligning with better cash flow management or strategic supplier negotiations. In 2022, the metric initially increased slightly to 55.64 days in March but then declined steadily, reaching a low of about 25.32 days by December 2022, signaling a period of more prompt payments.
In 2023, the days of payables fluctuated, rising to approximately 47.29 days by June and then increasing sharply to around 94.14 days by September before moderating to about 74.90 days in December. This variability suggests periods of delayed payments interspersed with more prompt settlements. The trend continued into 2024, with the figure at 80.82 days in March, decreasing to 63.49 days in June, but then rising again to approximately 113.70 days in September and slightly decreasing to 82.12 days by the end of December.
Finally, at the beginning of 2025, the days of payables sharply increased to approximately 180.21 days, indicating an extended delay in settling liabilities. This significant rise may reflect strategic changes in payment policies, liquidity considerations, or altered supplier relationships.
Overall, the data demonstrate substantial variation in the company's payables management, with periods of both accelerated payments and extended delays. The trend toward shorter payables in late 2022 and early 2023 suggests improved liquidity management, whereas the sharp increase at the start of 2025 indicates a potential change in operational or financial strategy concerning supplier payments.
Peer comparison
Mar 31, 2025