Elanco Animal Health (ELAN)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | 8.55 | 9.18 | 6.26 | 6.46 | 4.04 | |
Number of days of payables | days | 42.70 | 39.75 | 58.32 | 56.49 | 90.24 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.55
= 42.70