Dynatrace Holdings LLC (DT)

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		47.38	73.37	58.77	147.69	39.32	56.16	172.99	157.21	31.16	29.65	38.19	164.07	53.77	40.47	57.99	157.69	55.49
Number of days of payables	days	7.70	4.98	6.21	2.47	9.28	6.50	2.11	2.32	11.71	12.31	9.56	2.22	6.79	9.02	6.29	2.31	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 exhibited variability over the past few quarters. The trend indicates that the company takes, on average, around 6 to 7 days to pay its outstanding bills to suppliers. The values have ranged from as low as 2 days to as high as 12 days over the analyzed periods.

In general, lower values suggest that the company is paying its bills more quickly, which could indicate efficient cash management or favorable payment terms with suppliers. Conversely, higher values may imply a slower payment process, potentially signaling liquidity constraints or a deliberate strategy to hold onto cash longer.

It would be beneficial to further investigate the reasons behind these fluctuations in the number of days of payables to gain a deeper understanding of Dynatrace Holdings LLC's cash flow management practices and financial performance.