Corsair Gaming Inc (CRSR)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 4.58 | 5.04 | 5.36 | 5.62 | 6.27 | 7.19 | 6.28 | 6.44 | 5.89 | 5.67 | 5.52 | ||||
| Number of days of payables | days | 79.65 | 72.42 | 68.08 | 64.93 | 58.22 | 50.76 | 58.09 | 56.64 | 61.99 | 64.35 | 66.17 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.58
= 79.65
Corsair Gaming Inc's number of days of payables has been fluctuating over the past eight quarters. The trend shows an overall increase in the number of days it takes the company to pay its suppliers. In Q4 2023, the number of days of payables reached 79.65 days, indicating that the company is taking longer to settle its payables compared to the previous quarters. This could suggest possible cash flow challenges or a change in the company's payment policies. It is important for investors and stakeholders to further analyze the reasons behind this increase and assess the potential impact on Corsair Gaming Inc's financial health and operational efficiency.
Peer comparison
Dec 31, 2023