Amphenol Corporation (APH)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.54 | 6.27 | 6.57 | 5.70 | 5.30 | |
| Number of days of payables | days | 65.86 | 58.21 | 55.59 | 64.07 | 68.92 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.54
= 65.86
The number of days of payables for Amphenol Corporation has shown a decreasing trend over the years. As of December 31, 2020, the company took approximately 68.92 days to pay its suppliers, which decreased to 64.07 days by December 31, 2021. Subsequently, the number of days further decreased to 55.59 days by December 31, 2022, before slightly increasing to 58.21 days by December 31, 2023. Finally, as of December 31, 2024, the number of days of payables stood at 65.86 days. This indicates that the company has been managing its payables more efficiently over the years, potentially improving its working capital management and cash flow position.