Belden Inc (BDC)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.87 | 4.54 | 4.83 | 4.05 | 4.82 | |
| Number of days of payables | days | 74.89 | 80.45 | 75.60 | 90.15 | 75.73 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.87
= 74.89
Belden Inc's number of days of payables, which represents how long the company takes to pay its suppliers, has shown fluctuations over the past five years.
As of December 31, 2020, the company took an average of 75.73 days to pay its suppliers. This number increased to 90.15 days by December 31, 2021, indicating a potential delay in payments.
However, by December 31, 2022, the number of days of payables decreased to 75.60 days, suggesting that the company may have expedited its payment process. This trend continued into December 31, 2023, with the number of days of payables slightly increasing to 80.45 days.
Most recently, as of December 31, 2024, Belden Inc's number of days of payables decreased to 74.89 days, indicating a potential improvement in payment management.
Overall, the company's number of days of payables has shown varying trends over the years, potentially influenced by factors such as cash flow management, supplier relationships, and overall financial health.
Peer comparison
Dec 31, 2024