Arrowhead Pharmaceuticals Inc (ARWR)

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		9.56	3.99	12.43	23.34	2.79	13.48	12.09	159.01	45.49	23.02	11.41	25.33	9.11	6.20	10.31	11.31	8.22	12.63	3.39	2.83
Number of days of payables	days	38.19	91.53	29.36	15.64	131.05	27.07	30.19	2.30	8.02	15.86	31.99	14.41	40.07	58.83	35.42	32.26	44.38	28.89	107.57	128.93

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.56
= 38.19

Arrowhead Pharmaceuticals Inc has shown variability in its number of days of payables over the past few quarters, ranging from as low as 2.30 days to as high as 131.05 days. The number of days of payables is a measure of how long a company takes, on average, to pay its suppliers and vendors.

Looking at the most recent data as of September 30, 2024, the company takes approximately 38.19 days to pay its payables. This suggests that Arrowhead Pharmaceuticals is managing its accounts payable efficiently, neither delaying payments excessively nor paying too soon.

It is important to note that a lower number of days of payables could indicate strong bargaining power with suppliers, while a higher number could suggest liquidity issues or strained relationships with vendors. The trend in the number of days of payables should be monitored to assess the company's financial health and management of working capital.