Dolby Laboratories (DLB)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.08 | 7.29 | 9.98 | 7.31 | 11.61 | |
| Number of days of payables | days | 45.15 | 50.06 | 36.59 | 49.91 | 31.44 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.08
= 45.15
The number of days of payables for Dolby Laboratories has fluctuated over the past five years. In 2024, the company took an average of 45.15 days to pay its accounts payable, compared to 50.06 days in 2023, 36.59 days in 2022, 49.91 days in 2021, and 31.44 days in 2020.
This indicates that Dolby Laboratories has been managing its payables effectively over the years, with shorter payment cycles in 2022 and 2020, while taking slightly longer in 2021 and 2023. The increase in 2024 compared to 2022 suggests potential changes in the company's payment practices or supplier relationships.
Overall, the number of days of payables provides insights into Dolby Laboratories' efficiency in managing its accounts payable and its relationships with suppliers. A lower number of days of payables may indicate better cash flow management, while a higher number may suggest potential liquidity challenges or changes in payment terms.
Peer comparison
Sep 30, 2024