Amphenol Corporation (APH)
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 | 5.54 | 5.37 | 5.88 | 6.81 | 6.27 | 6.76 | 7.64 | 7.28 | 6.57 | 6.08 | 5.95 | 6.15 | 5.70 | 5.42 | 5.57 | 5.87 | 5.30 | 5.34 | 6.03 | 6.83 | |
| Number of days of payables | days | 65.86 | 67.93 | 62.10 | 53.63 | 58.21 | 53.98 | 47.79 | 50.17 | 55.59 | 59.99 | 61.32 | 59.32 | 64.07 | 67.31 | 65.54 | 62.21 | 68.92 | 68.34 | 60.52 | 53.45 |
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 some fluctuations over the years. The trend indicates that the company takes, on average, around 60 days to pay its suppliers. There was an increasing trend from December 31, 2020, to September 30, 2021, with the number of days of payables rising to around 68 days. However, from March 31, 2022, to December 31, 2024, there has been a declining trend in the number of days of payables, reaching around 66 days by the end of December 31, 2024.
These changes in the number of days of payables can suggest shifts in the company's payment policies or relationships with suppliers. A decreasing number of days of payables may suggest the company is paying its suppliers more quickly, which could indicate stronger cash management practices or improved supplier relationships. On the other hand, an increasing number of days of payables may indicate a cash flow issue or a strategic decision to delay payments for longer periods.
Overall, monitoring the number of days of payables can provide insights into the efficiency of the company's working capital management, its liquidity position, and its relationships with suppliers.
See also:
Amphenol Corporation Average Payables Payment Period (Quarterly Data)