CSW Industrials, Inc. (CSW)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.97 | 8.86 | 8.96 | 7.30 | 8.17 | 9.14 | 10.02 | 9.33 | 9.46 | 10.82 | 10.24 | 8.18 | 7.59 | 7.78 | 8.88 | 8.34 | 6.45 | 7.22 | 8.13 | 9.85 | |
| Number of days of payables | days | 45.81 | 41.22 | 40.73 | 50.03 | 44.67 | 39.95 | 36.42 | 39.13 | 38.60 | 33.75 | 35.65 | 44.61 | 48.10 | 46.89 | 41.13 | 43.76 | 56.58 | 50.52 | 44.87 | 37.06 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.97
= 45.81
The data indicates that the number of days of payables for CSW Industrials, Inc. has experienced fluctuations over the analyzed period. Starting at approximately 37.06 days at the end of September 2020, the payable period increased significantly, reaching a peak of around 56.58 days by June 30, 2021. This upward trend suggests a period during which the company extended its payment terms with suppliers, possibly reflecting strategic payment management or supplier negotiations.
Following this peak, the payable days generally decreased, reaching a low of approximately 33.75 days at the end of March 2023, indicating a trend toward shortening payment cycles or improved payables management. Throughout 2023, the payable days remained relatively stable, fluctuating between approximately 36 to 50 days. Notably, the data shows a slight upward trend resuming in 2024, with payable days increasing up to around 50.03 days by September 2024 before decreasing again towards the end of that year.
Overall, the company's payables period has demonstrated considerable variability, with periods of both elongation and contraction. The upward movements may suggest deliberate efforts to optimize working capital or respond to supplier terms, whereas the downward adjustments could indicate efforts to accelerate payments or manage liquidity more tightly. The shifts highlight dynamic management of accounts payable in relation to broader operational and financial strategies.
Peer comparison
Jun 30, 2025