Cavco Industries Inc (CVCO)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 40.79 | 51.67 | 28.28 | 27.06 | |
| Number of days of payables | days | — | 8.95 | 7.06 | 12.91 | 13.49 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Cavco Industries Inc has shown a decreasing trend over the past few years, indicating that the company is taking fewer days to pay its suppliers. From March 31, 2021, with 13.49 days, the number decreased to 12.91 days on March 31, 2022, and further reduced to 7.06 days on March 31, 2023. This suggests that the company is managing its payables more efficiently and may be negotiating better payment terms with its suppliers.
However, there seems to be missing data for March 31, 2025, denoted as "— days," which makes it difficult to analyze any recent changes in the number of days of payables. It would be important for stakeholders to have complete and accurate data to assess the company's current payables management practices and financial health effectively. Overall, the decreasing trend in the number of days of payables indicates positive cash flow management and potentially improved working capital efficiency for Cavco Industries Inc.
Peer comparison
Mar 31, 2025