Doximity Inc (DOCS)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 22.49 | 42.05 | 85.93 | 20.59 | |
| Number of days of payables | days | — | 16.23 | 8.68 | 4.25 | 17.73 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Doximity Inc has shown fluctuations over the past few years. As of March 31, 2021, the company took approximately 17.73 days to pay its payables. This number decreased significantly to 4.25 days by March 31, 2022, indicating a more efficient payment cycle.
However, by March 31, 2023, the number of days of payables increased to 8.68 days, suggesting a slightly longer payment period compared to the previous year. Subsequently, by March 31, 2024, the number further increased to 16.23 days, indicating a trend towards a lengthier payment cycle.
It is important to note that as of March 31, 2025, the data is unavailable ("— days"), which may suggest that the company did not have payable balances or that the specific information for this period is not provided.
Overall, the trend in the number of days of payables for Doximity Inc has been variable, with fluctuations in the efficiency of the company's payment cycle over the years analyzed.
Peer comparison
Mar 31, 2025