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.