ANSYS Inc (ANSS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 10.34 | 11.91 | 17.88 | 23.75 | 12.05 | |
| Number of days of payables | days | 35.30 | 30.64 | 20.42 | 15.37 | 30.29 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.34
= 35.30
The analysis of ANSYS Inc's number of days of payables reveals fluctuations over the years. As of December 31, 2020, the company took an average of 30.29 days to pay its creditors. By December 31, 2021, this number had decreased significantly to 15.37 days, indicating a potential improvement in the efficiency of managing its payables. However, by December 31, 2022, the number of days of payables increased to 20.42 days, suggesting a slight slowdown in payment processing.
Subsequently, as of December 31, 2023, the number of days of payables climbed to 30.64 days, potentially indicating a lengthening of the payment cycle or delays in settling obligations. Finally, as of December 31, 2024, ANSYS Inc's number of days of payables rose further to 35.30 days, implying a continued trend of extending the period it takes to pay its suppliers.
Overall, the analysis of ANSYS Inc's number of days of payables demonstrates fluctuations in the company's payment practices over the years, which could impact its relationships with suppliers and cash flow management.
Peer comparison
Dec 31, 2024