CommVault Systems Inc (CVLT)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 479.99 | 507.06 | 1,253.72 | 263.56 | 292.44 | |
Number of days of payables | days | 0.76 | 0.72 | 0.29 | 1.38 | 1.25 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 479.99
= 0.76
CommVault Systems Inc's number of days of payables has shown a decrease over the years based on the provided data. As of March 31, 2021, the company took approximately 1.25 days to pay its payables, which increased slightly to 1.38 days by March 31, 2022. However, there was a significant decrease in the number of days of payables to 0.29 days by March 31, 2023.
Subsequently, the number of days of payables increased to 0.72 days by March 31, 2024, and further to 0.76 days by March 31, 2025. Overall, the company's ability to settle its payables has improved from 2021 to 2023 but saw a slight increase in 2024 and 2025. This trend suggests that CommVault Systems Inc has been managing its payables efficiently, making timely payments within a short duration.
Peer comparison
Mar 31, 2025