Aramark Holdings (ARMK)

Number of days of payables

		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	Dec 31, 2019
Payables turnover		12.03	16.52	16.00	16.35	14.24	16.34	14.56	14.53	11.53	16.00	14.49	15.98	12.52	15.96	15.13	17.44	18.76	22.13	18.64	17.23
Number of days of payables	days	30.34	22.09	22.82	22.33	25.64	22.33	25.06	25.13	31.65	22.82	25.20	22.84	29.15	22.87	24.12	20.92	19.46	16.49	19.59	21.18

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.03
= 30.34

The number of days of payables for Aramark Holdings has shown fluctuations over the past few quarters. Looking at the most recent data as of September 30, 2024, Aramark Holdings takes approximately 30.34 days to pay its outstanding payables. This represents an increase compared to the previous quarter where it took 22.09 days to settle payables.

Analyzing the trend over the recent quarters, there seems to be variability in the number of days of payables. The company has experienced periods with lower days of payables, such as in December 2020 and March 2021, where it took around 20-21 days to pay its payables. On the other hand, there have been instances with higher days of payables, like in September 2022 and September 2021, where it took approximately 31.65 days and 29.15 days, respectively.

Overall, monitoring the number of days of payables can provide insights into Aramark Holdings' liquidity management and efficiency in managing its payment obligations to suppliers and vendors.