Concentrix Corporation (CNXC)
Number of days of payables
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Concentrix Corporation's number of days of payables has shown fluctuations over the period under review. The company had a relatively stable trend from November 30, 2021, to May 31, 2023, with a gradual decrease in the number of days of payables from 13.05 days to 10.46 days. However, there was a significant increase to 19.60 days by November 30, 2023, indicating potential challenges in managing payables efficiently. Subsequently, there was a decrease in the number of days of payables to 9.44 days as of February 28, 2025, suggesting an improvement in the company's ability to manage its payable obligations effectively. Overall, Concentrix Corporation's number of days of payables demonstrates variability, highlighting the importance of closely monitoring and managing payment terms and cash flow within the organization.
Peer comparison
Feb 28, 2025