DXC Technology Co (DXC)
Number of days of payables
Mar 31, 2025 | Dec 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 18.39 | 18.88 | 15.33 | 16.36 | 12.91 | 12.33 | 17.63 | 15.74 | 14.38 | 13.69 | 14.05 | 15.54 | 15.10 | 17.24 | 18.28 | 16.00 | 15.41 | 16.78 | 11.00 | 9.80 | |
Number of days of payables | days | 19.85 | 19.33 | 23.81 | 22.31 | 28.26 | 29.59 | 20.71 | 23.19 | 25.38 | 26.66 | 25.97 | 23.48 | 24.17 | 21.18 | 19.96 | 22.81 | 23.68 | 21.75 | 33.19 | 37.26 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 18.39
= 19.85
The number of days of payables for DXC Technology Co has shown some fluctuations over the referenced periods. As of March 31, 2023, the company took around 24.17 days to pay its payables on average. This figure decreased to 19.33 days by December 31, 2024, implying a shorter period for settling its obligations.
However, there was an increase observed as of March 31, 2025, with the number of days of payables rising to 19.85 days. This metric suggests that DXC Technology Co may have taken slightly longer to pay its outstanding invoices in comparison to the previous quarter.
Overall, monitoring the trend in the number of days of payables can provide insights into the company's liquidity management and its relationships with suppliers and vendors. It is essential for investors and analysts to assess this metric alongside other financial ratios to gain a comprehensive understanding of DXC Technology Co's financial health and efficiency in managing its payment obligations.
Peer comparison
Mar 31, 2025