Calix Inc (CALX)
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 | 15.99 | 32.51 | 19.85 | 18.65 | 16.50 | 9.45 | 24.90 | 14.17 | 17.33 | 15.63 | 13.43 | 15.35 | 31.96 | 23.89 | 37.60 | 17.92 | 33.23 | 14.89 | 9.49 | 9.68 | |
| Number of days of payables | days | 22.83 | 11.23 | 18.39 | 19.57 | 22.12 | 38.61 | 14.66 | 25.76 | 21.06 | 23.35 | 27.18 | 23.77 | 11.42 | 15.28 | 9.71 | 20.37 | 10.98 | 24.52 | 38.47 | 37.70 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.99
= 22.83
Calix Inc's number of days of payables has been fluctuating over the past eight quarters. In Q4 2023, the number of days of payables was 24.33 days, showing a decrease from the previous quarter's 16.51 days. This indicates that the company took slightly longer to pay its suppliers in the most recent quarter.
Compared to Q1 2022 when the number of days of payables was at its highest at 40.30 days, the current figure in Q4 2023 reflects an improvement in managing payables. However, it is worth noting that the number of days of payables has been volatile, ranging from as low as 16.51 days to as high as 60.76 days in the recent quarters.
Overall, monitoring the trend and analyzing the reasons behind these fluctuations in the number of days of payables can provide insights into Calix Inc's liquidity management and vendor relations.
Peer comparison
Dec 31, 2023