CSW Industrials Inc (CSWI)
Number of days of payables
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 8.67 | |
| Number of days of payables | days | 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 | 42.09 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.86
= 41.22
The number of days of payables for CSW Industrials Inc has shown some fluctuation over the years, ranging from a low of 33.75 days as of March 31, 2023, to a high of 56.58 days as of June 30, 2021. This ratio indicates the average number of days the company takes to pay its trade payables. A lower number of days suggests the company is paying its suppliers more quickly, while a higher number of days indicates that the company is taking longer to settle its payables.
From the data provided, it is observed that the number of days of payables has generally trended downwards since June 30, 2021, reaching a low of 33.75 days as of March 31, 2023, before fluctuating within a range between 33.75 days to 50.03 days until September 30, 2024. This could indicate that the company has been managing its payables more efficiently, possibly negotiating better payment terms with suppliers or improving its working capital management.
It's worth noting that as of March 31, 2025, the number of days of payables stood at 41.22 days, which is slightly higher than the lowest point observed but remains relatively stable compared to previous periods. This suggests that the company continues to maintain a balanced approach in managing its payables, neither excessively delaying payments nor overstraining its liquidity.
Overall, the trend of the number of days of payables for CSW Industrials Inc indicates a prudent approach to managing its trade payables, with a focus on optimizing cash flow and maintaining healthy supplier relationships.
Peer comparison
Mar 31, 2025