Dynatrace Holdings LLC (DT)

Number of days of payables

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Payables turnover		47.38	39.32	31.16	53.78	55.49
Number of days of payables	days	7.70	9.28	11.71	6.79	6.58

March 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 47.38
= 7.70

The number of days of payables for Dynatrace Holdings LLC has shown a decreasing trend over the past five years, indicating a more efficient management of its accounts payable.

As of March 31, 2024, the company takes approximately 7.70 days to pay its suppliers, which is a notable improvement from 9.28 days in 2023 and 11.71 days in 2022. This suggests that Dynatrace has been able to negotiate better payment terms with its vendors or streamline its payment processes.

Comparing the current figure to the previous years, it is evident that the company has managed to maintain a relatively low number of days of payables. This trend can indicate good liquidity management, as the company is not holding onto its cash for extended periods by delaying payments to suppliers. However, it is important to consider the industry norms and supplier relationships to assess the effectiveness of the company's payables management further.

Overall, a decreasing number of days of payables for Dynatrace Holdings LLC reflects a positive trend in managing its accounts payable efficiently and effectively.