Carpenter Technology Corporation (CRS)

The number of days of payables for Carpenter Technology Corporation exhibits fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from approximately 35.25 days in 2021 to a peak of 52.40 days in 2022, indicating that the company took longer to settle its accounts payable during that year. This extended payable period in 2022 may suggest strategic vendor payment management or potential liquidity considerations. Subsequently, the payables days decreased to 45.87 days in 2023, reflecting a slight shortening in payment cycles, which could indicate improved cash management or changes in payment terms. In 2024, the number of days of payables further decreased marginally to 44.28 days, maintaining a relatively consistent payment pattern. By 2025, the ratio increased again to approximately 46.29 days, suggesting a slight elongation in the payable period compared to 2024. Overall, the trend demonstrates variability in the company's accounts payable management, with periods of both extension and reduction in payment durations, which may be influenced by factors such as supplier agreements, liquidity strategies, or operational needs.

Peer comparison

Jun 30, 2025