ELF Beauty Inc (ELF)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 3.70 | 6.00 | 7.30 | 7.13 | |
Number of days of payables | days | — | 98.70 | 60.87 | 49.98 | 51.20 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
ELF Beauty Inc's number of days of payables has shown some fluctuations in recent years. The trend indicates that the company's payables turnover has been gradually increasing from 51.20 days as of March 31, 2021, to 60.87 days as of March 31, 2023. However, there was a significant jump in the number of days of payables to 98.70 days as of March 31, 2024. The data for March 31, 2025, is not available (denoted as "— days").
This upward trend in the number of days of payables may suggest that ELF Beauty Inc is taking longer to pay its suppliers or manage its working capital effectively. A higher number of days of payables could also indicate a potential liquidity issue or challenges with cash flow management. It would be essential for the company to monitor and potentially improve its payables turnover to ensure optimal efficiency in its financial operations.
Peer comparison
Mar 31, 2025