CSW Industrials Inc (CSWI)
Number of days of payables
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 8.67 | 9.50 | |
| Number of days of payables | days | 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 | 42.09 | 38.42 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.96
= 40.73
CSW Industrials Inc's number of days of payables has shown fluctuations over the analyzed period. The company's payables turnover has ranged from a low of 33.75 days as of March 31, 2023, to a high of 56.58 days as of June 30, 2021. Generally, a decreasing trend is observed in the number of days of payables from the peak in June 2021 to December 2022.
The decrease in the number of days of payables could indicate the company's ability to pay its liabilities more quickly. However, the metric increased slightly by the end of December 2024. It is important to note that a lower number of days of payables could indicate that the company is managing its payments more efficiently, while a higher number of days may suggest liquidity management or negotiation strategies with vendors.
Overall, monitoring the trend of CSW Industrials Inc's number of days of payables provides insight into the company's payment practices and liquidity position, and can be useful for assessing its working capital management.
Peer comparison
Dec 31, 2024