PC Connection Inc (CNXN)
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 | 9.05 | 9.21 | 8.41 | 12.19 | 10.46 | 10.58 | 10.39 | 12.41 | 12.97 | 11.90 | 10.98 | 10.85 | 9.96 | 12.40 | 10.07 | 11.91 | 9.47 | 9.04 | 10.62 | 12.70 | |
| Number of days of payables | days | 40.33 | 39.63 | 43.41 | 29.94 | 34.90 | 34.51 | 35.14 | 29.41 | 28.15 | 30.68 | 33.25 | 33.66 | 36.63 | 29.43 | 36.23 | 30.66 | 38.53 | 40.39 | 34.37 | 28.74 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.05
= 40.33
PC Connection Inc's number of days of payables, which represents how long it takes the company to pay its suppliers, has shown some fluctuations over the periods analyzed. The metric ranged from a low of 28.15 days as of December 31, 2022, to a high of 43.41 days as of June 30, 2024.
Overall, the company's payment cycle seems to have some degree of stability, with values typically hovering around the 30-40 days range. This indicates that PC Connection Inc generally takes around a month to over a month to settle its payables to suppliers.
It's worth noting that the metric can be influenced by various factors, including changes in vendor terms, purchasing patterns, and overall business conditions. Monitoring this ratio over time can provide insights into the company's liquidity management and relationships with suppliers.
Peer comparison
Dec 31, 2024