ANSYS Inc (ANSS)
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 | 10.34 | 16.91 | 10.94 | 9.76 | 11.91 | 17.75 | 18.31 | 11.56 | 17.88 | 14.88 | 14.97 | 15.24 | 23.75 | 20.41 | 25.76 | 13.98 | 12.05 | 19.56 | 18.56 | 14.44 | |
Number of days of payables | days | 35.30 | 21.59 | 33.38 | 37.39 | 30.64 | 20.57 | 19.93 | 31.58 | 20.42 | 24.53 | 24.39 | 23.95 | 15.37 | 17.89 | 14.17 | 26.11 | 30.29 | 18.66 | 19.67 | 25.27 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.34
= 35.30
The number of days of payables for ANSYS Inc has been fluctuating over the periods presented in the data. It decreased from 25.27 days as of March 31, 2020, to 14.17 days as of June 30, 2021, showing an improvement in the company's ability to pay its creditors. However, there was an increase to 37.39 days as of March 31, 2024, indicating a potential delay in settling its payables.
Overall, the company's number of days of payables has shown variability, suggesting shifts in its payment strategies or the dynamics of its relationships with suppliers. It is essential to monitor this ratio of payables turnover over time to understand how efficiently ANSYS Inc manages its accounts payable and its relationships with vendors.
Peer comparison
Dec 31, 2024