DexCom Inc (DXCM)

Number of days of payables

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 Mar 31, 2019
Payables turnover 9.17 10.09 8.62 8.24 8.70 9.72 8.27 11.22 8.07 6.98 8.33 8.68 7.77 8.21 10.77 10.27 10.45 9.92 8.54 7.20
Number of days of payables days 39.82 36.18 42.35 44.31 41.96 37.55 44.11 32.52 45.20 52.30 43.83 42.07 46.96 44.44 33.90 35.55 34.93 36.81 42.72 50.69

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.17
= 39.82

Dexcom Inc's number of days of payables has exhibited fluctuations over the past eight quarters. In Q4 2023, the company had 75.66 days of payables, which was higher than the previous quarter's figure of 71.97 days. This indicates that Dexcom took slightly longer to pay off its outstanding liabilities to suppliers in Q4 2023.

Compared to the same quarter in the previous year, Q4 2022, the number of days of payables in Q4 2023 was slightly lower, suggesting a potential improvement in the efficiency of managing payables over the year.

Overall, Dexcom's number of days of payables appears to have experienced variability, which may reflect the company's evolving relationships with suppliers and its internal cash management practices. It is important to monitor this ratio over time to assess the company's ability to effectively manage its working capital and vendor relationships.


Peer comparison

Dec 31, 2023


See also:

DexCom Inc Average Payables Payment Period (Quarterly Data)