Belden Inc (BDC)
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 | 4.87 | 4.78 | 5.53 | 5.67 | 4.54 | 5.33 | 5.75 | 5.71 | 4.83 | 5.65 | 4.73 | 4.42 | 4.05 | 4.44 | 4.45 | 4.88 | 4.82 | 5.79 | 6.61 | 5.98 | |
| Number of days of payables | days | 74.89 | 76.30 | 66.02 | 64.34 | 80.45 | 68.48 | 63.43 | 63.94 | 75.60 | 64.63 | 77.25 | 82.52 | 90.15 | 82.24 | 82.01 | 74.74 | 75.73 | 63.05 | 55.22 | 61.00 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.87
= 74.89
The number of days of payables for Belden Inc has shown some fluctuations over the periods analyzed. In general, the trend appears to be relatively stable, with some peaks and troughs along the way.
From March 2020 to December 2024, the number of days of payables ranged from a low of 55.22 days in June 2020 to a high of 90.15 days in December 2021. The metric showed a slight increase in the latter half of 2021 before declining in the first half of 2022. There was a noticeable increase towards the end of 2022, but the value decreased again by March 2023.
Overall, the average number of days of payables for Belden Inc over the analyzed periods was approximately 71.44 days. This metric indicates the average number of days it takes for the company to pay its suppliers. It is essential for the company to manage its payables effectively to maintain good relationships with its suppliers while also optimizing its cash flow and working capital management.
Peer comparison
Dec 31, 2024