Smith AO Corporation (AOS)
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 | 5.32 | 5.69 | 5.53 | 5.59 | 5.21 | 5.48 | 5.59 | 5.61 | 4.97 | 5.32 | 5.12 | 4.72 | 3.94 | 4.32 | 4.37 | 4.65 | 4.15 | 4.69 | 5.55 | 5.60 | |
| Number of days of payables | days | 68.62 | 64.13 | 65.99 | 65.29 | 70.09 | 66.64 | 65.33 | 65.07 | 73.49 | 68.57 | 71.29 | 77.29 | 92.55 | 84.49 | 83.46 | 78.50 | 87.97 | 77.80 | 65.78 | 65.20 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.32
= 68.62
The number of days of payables for Smith AO Corporation has shown fluctuations over the past five years. The average number of days of payables ranged from a low of 64.13 days in September 2024 to a high of 92.55 days in December 2021, indicating the time it takes for the company to pay its suppliers.
The trend indicates that in recent periods, Smith AO Corporation has been able to manage its payables more effectively, with a decreasing trend observed from December 2022 to December 2024.
A lower number of days of payables may suggest that the company is paying its suppliers more efficiently, possibly due to improved cash flow management or negotiation strategies. On the other hand, a higher number of days of payables may raise concerns about the company's liquidity or its relationships with suppliers.
Overall, the analysis of the number of days of payables provides insights into the company's ability to manage its working capital and supplier relationships effectively.
Peer comparison
Dec 31, 2024