Dolby Laboratories (DLB)
Number of days of payables
| 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 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 8.08 | 8.65 | 7.50 | 10.43 | 7.29 | 10.02 | 8.66 | 8.24 | 9.98 | 8.02 | 11.48 | 6.67 | 7.31 | 11.63 | 16.70 | 10.60 | 11.61 | 14.93 | 17.67 | 11.65 | |
| Number of days of payables | days | 45.15 | 42.17 | 48.68 | 34.99 | 50.06 | 36.44 | 42.16 | 44.28 | 36.59 | 45.52 | 31.79 | 54.72 | 49.91 | 31.37 | 21.86 | 34.43 | 31.44 | 24.45 | 20.65 | 31.34 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.08
= 45.15
Dolby Laboratories' number of days of payables has exhibited fluctuations over the analyzed periods. On Sep 30, 2024, the number of days of payables was 45.15 days, indicating that the company takes approximately 45 days to pay its suppliers. This represents an increase from the previous quarter's 42.17 days, suggesting a slower payment cycle.
Looking back historically, the number of days of payables has ranged from a low of 20.65 days on Mar 31, 2020, to a high of 54.72 days on Mar 31, 2022, showcasing variability in Dolby Laboratories' payment practices. The company seems to have effectively managed its payables, with fluctuations possibly influenced by factors such as changes in business operations, supply chain dynamics, or payment terms negotiated with suppliers.
It is crucial for Dolby Laboratories to monitor its number of days of payables closely to ensure optimal working capital management and maintain healthy relationships with suppliers. This metric provides insights into the company's payment efficiency and liquidity position.
Peer comparison
Sep 30, 2024