Cavco Industries Inc (CVCO)
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 | — | 56.68 | 36.44 | 44.04 | 40.79 | 58.61 | 34.74 | 52.46 | 51.67 | 60.02 | 36.47 | 31.31 | 28.28 | 31.94 | 23.30 | 30.69 | 27.06 | 33.24 | 27.68 | 23.86 | |
| Number of days of payables | days | — | 6.44 | 10.02 | 8.29 | 8.95 | 6.23 | 10.51 | 6.96 | 7.06 | 6.08 | 10.01 | 11.66 | 12.91 | 11.43 | 15.67 | 11.89 | 13.49 | 10.98 | 13.19 | 15.30 |
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 some fluctuations over the reporting periods. As of March 31, 2025, the data is not available. However, from the available data, we observe a general trend of decreasing days of payables from June 2020 to June 2024 with occasional increases in between. This indicates that the company is taking fewer days to pay its creditors over time.
In particular, there was a significant decrease in the number of days of payables from June 2022 to December 2022 and then a gradual increase until September 2023. The company managed to reduce its payables to just 6.08 days by the end of December 2022.
This trend suggests that Cavco Industries Inc may be managing its payables effectively by negotiating better credit terms with suppliers or improving its cash flow management. However, it is important to note that a drastic reduction in the number of days of payables could also indicate potential liquidity issues or strained supplier relationships, so further analysis is recommended to fully understand the implications of this trend on the company's financial health.
Peer comparison
Mar 31, 2025