Bruker Corporation (BRKR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 7.33 | 7.16 | 6.87 | 8.20 | 7.78 | |
| Number of days of payables | days | 49.77 | 50.98 | 53.16 | 44.53 | 46.89 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.33
= 49.77
Bruker Corporation's number of days of payables has shown some fluctuations over the past five years. The trend indicates that the company's payables are being settled within a range of approximately 44 to 54 days.
In December 31, 2020, the number of days of payables was 46.89 days, which decreased slightly to 44.53 days by December 31, 2021. However, there was an increase in the number of days of payables to 53.16 days by December 31, 2022. Subsequently, on December 31, 2023, the figure decreased to 50.98 days. Finally, as of December 31, 2024, the number of days of payables decreased again to 49.77 days.
Overall, the data suggests that Bruker Corporation has been managing its payables efficiently, with fluctuations likely being influenced by various factors such as payment terms with suppliers, inventory turnover, and overall cash management practices. It would be crucial for stakeholders to monitor these changes closely to ensure the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024