Charles River Laboratories (CRL)

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		19.60	21.95	17.18	12.56	9.45	11.60	11.24	12.60	4.02	4.20	3.44	3.38	3.83	5.92	6.60	5.43	5.41	6.70	7.79	6.25
Number of days of payables	days	18.62	16.63	21.25	29.07	38.64	31.47	32.47	28.96	90.86	86.92	106.13	108.07	95.24	61.64	55.32	67.28	67.44	54.49	46.87	58.36

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.60
= 18.62

The number of days of payables for Charles River Laboratories has shown fluctuation over the past few years, ranging from a low of 16.63 days as of September 30, 2024, to a high of 108.07 days as of March 31, 2022. This metric indicates the average number of days it takes for the company to pay its suppliers. A lower number of days of payables suggests that the company is paying its suppliers more quickly, potentially indicating a strong liquidity position or good relationships with suppliers. On the other hand, a higher number of days of payables may imply that the company is taking longer to settle its payables, which could strain supplier relationships or signal potential cash flow issues. It is essential for stakeholders to monitor changes in the number of days of payables to assess the company's efficiency in managing its cash flow and relationships with suppliers.