ELF Beauty Inc (ELF)

Number of days of payables

		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	Mar 31, 2020
Payables turnover		18.26	11.89	12.67	11.03	10.47	10.10	10.81	16.51	13.80	21.16	24.06	19.26	11.73	13.48	14.39	14.13	11.04	10.07	9.06	14.96
Number of days of payables	days	19.99	30.70	28.82	33.08	34.86	36.15	33.78	22.10	26.46	17.25	15.17	18.95	31.12	27.08	25.36	25.82	33.07	36.23	40.31	24.40

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 18.26
= 19.99

The number of days of payables for ELF Beauty Inc has shown some fluctuations over the analyzed period. In the most recent financial report, as of December 31, 2024, the company took approximately 19.99 days to pay its suppliers and vendors. This indicates an efficient management of payable obligations.

Looking back at historical data, we observe that the number of days of payables was comparatively higher in the middle of the year 2023, before dropping to around 15 days by June 30, 2022. Subsequently, the metric increased towards the end of 2022 and has since hovered around the 30-day mark.

Overall, the trend in ELF Beauty Inc's number of days of payables suggests a general consistency in meeting payment obligations to suppliers and vendors, with fluctuations likely influenced by seasonal variations in business activity or specific strategies employed by the company.