Deckers Outdoor Corporation (DECK)
Number of days of payables
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 8.91 | 6.37 | 6.59 | 5.78 | 11.21 | 6.04 | 5.92 | 4.48 | 7.90 | 5.07 | 4.61 | 5.58 | 8.83 | 6.26 | 5.85 | 7.02 | 12.15 | 7.36 | 5.58 | 5.71 | |
| Number of days of payables | days | 40.98 | 57.25 | 55.37 | 63.12 | 32.56 | 60.44 | 61.69 | 81.56 | 46.18 | 72.05 | 79.11 | 65.46 | 41.32 | 58.30 | 62.38 | 51.96 | 30.05 | 49.59 | 65.45 | 63.90 |
March 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.91
= 40.98
The number of days of payables for Deckers Outdoor Corporation has exhibited some fluctuations over the past several quarters. In the most recent quarter as of March 31, 2024, the company took approximately 40.98 days on average to pay its trade payables. This indicates a relatively efficient management of payables during this period.
Looking back at the trend, there have been instances of longer payment periods, such as in Jun 30, 2022, where it took 81.56 days to settle payables. This suggests a potential liquidity strain or perhaps a deliberate strategy to extend payment terms during that quarter.
Conversely, in Mar 31, 2020, the company managed to pay its obligations in just 30.05 days, reflecting a more aggressive approach to managing cash flow or potentially negotiating favorable payment terms with suppliers.
Overall, the number of days of payables for Deckers Outdoor Corporation has varied significantly, indicating fluctuations in the company's liquidity position, cash flow management, and supplier relationships. It is essential to monitor this ratio over time to assess the company's financial health and operational efficiency in managing its payables.
Peer comparison
Mar 31, 2024
See also:
Deckers Outdoor Corporation Average Payables Payment Period (Quarterly Data)