Carlisle Companies Incorporated (CSL)
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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.03 | 9.25 | 8.13 | 10.42 | 16.29 | 9.82 | 9.17 | 8.93 | 10.08 | 8.55 | 10.16 | 10.58 | 13.33 | 11.25 | 11.18 | 10.72 | 10.51 | 9.15 | 9.00 | 9.41 | |
| Number of days of payables | days | 30.35 | 39.44 | 44.91 | 35.02 | 22.41 | 37.16 | 39.80 | 40.87 | 36.20 | 42.71 | 35.91 | 34.49 | 27.38 | 32.46 | 32.66 | 34.06 | 34.73 | 39.88 | 40.56 | 38.78 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.03
= 30.35
The number of days of payables for Carlisle Companies Inc. has shown a fluctuating trend over the past eight quarters. In Q4 2023, the company's payables were outstanding for approximately 30.35 days, a decrease from the previous quarter. This suggests that the company is taking less time to pay its suppliers, which could indicate efficient management of its accounts payable.
Comparing Q4 2023 to the same quarter in the previous year, the number of days of payables remained relatively stable at 30.50 days. This consistency may indicate that Carlisle Companies Inc. has been able to maintain a consistent payment cycle over time.
Looking at the historical data, there was a significant increase in the number of days of payables during Q2 and Q3 of 2022, reaching 49.19 days and 50.92 days, respectively. This prolonged payment period could have been influenced by various factors, such as changes in the company's working capital management or payment terms with suppliers.
Overall, monitoring the number of days of payables can provide insights into Carlisle Companies Inc.'s liquidity position, efficiency in managing its accounts payable, and relationships with suppliers. A lower number of days of payables typically indicates quicker payments, while a higher number may suggest delayed payments or potential liquidity issues.
Peer comparison
Dec 31, 2023