CSW Industrials Inc (CSWI)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.86 | 9.14 | 10.82 | 7.74 | 7.22 | |
| Number of days of payables | days | 41.22 | 39.95 | 33.75 | 47.13 | 50.52 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.86
= 41.22
CSW Industrials Inc has shown a trend of decreasing number of days of payables over the past five years, indicating a more efficient management of its accounts payable. The number of days of payables decreased from 50.52 days as of March 31, 2021, to 41.22 days as of March 31, 2025. This suggests that the company has been able to negotiate more favorable payment terms with its suppliers or has improved its working capital management. The decreasing trend in the number of days of payables can positively impact the company's cash flow and working capital efficiency. However, it is important for the company to strike a balance in managing its payables to maintain good relationships with its suppliers.
Peer comparison
Mar 31, 2025