DXC Technology Co (DXC)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 17.80 | 12.50 | 14.38 | 15.10 | 15.41 | |
Number of days of payables | days | 20.51 | 29.20 | 25.38 | 24.17 | 23.68 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.80
= 20.51
Based on the data provided, the number of days of payables for DXC Technology Co has shown some fluctuations over the past five years.
As of March 31, 2021, the company took approximately 23.68 days, on average, to pay off its suppliers. This number slightly increased to 24.17 days by March 31, 2022. Subsequently, by March 31, 2023, the number of days of payables increased further to 25.38 days, indicating that the company was taking slightly longer to settle its payables.
The trend changed notably by March 31, 2024, when the number of days of payables spiked to 29.20 days, signifying a significant delay in payments to suppliers. However, by March 31, 2025, the number of days of payables decreased to 20.51 days, suggesting an improvement in the company's ability to manage its payables more efficiently.
Overall, the variations in the number of days of payables for DXC Technology Co indicate fluctuations in the company's liquidity management and its relationships with suppliers over the past five years.
Peer comparison
Mar 31, 2025