Belden Inc (BDC)
Number of days of payables
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 4.98 | 4.81 | 4.99 | 5.20 | |
| Number of days of payables | days | 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 | 73.25 | 75.95 | 73.18 | 70.16 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.54
= 80.45
Belden Inc's number of days of payables has fluctuated over the past 8 quarters. In Q4 2023, the number of days of payables was 80.45 days, higher than the previous quarter at 68.48 days. This increase indicates that the company is taking longer to pay its suppliers compared to the previous quarter.
Looking back further, in Q2 and Q3 of 2023, the number of days of payables was 63.43 days and 63.94 days, respectively. These figures indicate that the company was able to manage its payables more efficiently during those quarters.
Comparing to the same quarter of the previous year, Q4 2022 had the number of days of payables at 75.60 days, which shows an improvement from the current quarter's figure. However, Q2 2022 and Q1 2022 had significantly higher numbers of days of payables at 76.65 days and 81.56 days, respectively.
Overall, the trend in Belden Inc's number of days of payables shows some fluctuations, with periods of more efficient payables management interspersed with periods of longer payment cycles. It is important for the company to monitor and manage its payables effectively to maintain healthy relationships with suppliers and optimize its working capital management.
Peer comparison
Dec 31, 2023