CommVault Systems Inc (CVLT)

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 490.55 2,001.41 1,810.50 373.64 512.97 688.17 1,049.60 483.08 1,253.72 288.98 640.34 138.39 263.56 449.29 617.26 809.54 292.44 170.99 428.72 742.82
Number of days of payables days 0.74 0.18 0.20 0.98 0.71 0.53 0.35 0.76 0.29 1.26 0.57 2.64 1.38 0.81 0.59 0.45 1.25 2.13 0.85 0.49

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 490.55
= 0.74

Based on the data provided for CommVault Systems Inc, the number of days of payables has shown fluctuations over the periods indicated. The number of days of payables represents the average number of days a company takes to pay its suppliers or vendors.

The number of days of payables was consistently low in the range of 0.20 to 2.64 days from June 30, 2020, to September 30, 2022, indicating that the company effectively managed its payables during this period. However, there was a significant increase observed on December 31, 2022, with the number of days of payables increasing to 1.26 days.

From March 31, 2023, to September 30, 2024, the number of days of payables fluctuated within a narrow range of 0.18 to 0.98 days, suggesting the company maintained a relatively stable payment cycle during this time.

Overall, the number of days of payables for CommVault Systems Inc has shown variability but has generally remained relatively low, indicating efficient management of payables and potentially strong vendor relationships. It is essential for the company to continue monitoring and managing its payables effectively to ensure smooth operations and maintain healthy relationships with suppliers.