ELF Beauty Inc (ELF)

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		—	5.76	3.77	4.12	3.70	3.62	3.65	3.99	6.00	5.24	7.98	9.04	7.30	6.01	6.97	7.36	7.13	5.20	4.93	4.67
Number of days of payables	days	—	63.35	96.76	88.67	98.70	100.77	99.86	91.40	60.87	69.69	45.75	40.36	49.98	60.69	52.36	49.63	51.20	70.24	74.03	78.15

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for ELF Beauty Inc has shown some fluctuation over the past few years. It decreased from 78.15 days as of June 30, 2020, to 40.36 days as of June 30, 2022, indicating that the company was taking longer to pay off its liabilities in 2020 but improved its efficiency in managing payables by paying them off more quickly by mid-2022.

However, there was an increase in the number of days of payables in the subsequent quarters, reaching 100.77 days as of December 31, 2023. This indicates that ELF Beauty Inc was taking longer to pay off its obligations to suppliers and creditors, potentially impacting its cash flow and liquidity position.

The number of days of payables then decreased to 63.35 days by December 31, 2024, showing some improvement in managing payables efficiency compared to the peak in 2023.

The absence of data for March 31, 2025, indicates a gap in the information available for analysis, and it would be important to assess the trend beyond that date for a more complete understanding of the company's payables management. Overall, ELF Beauty Inc's number of days of payables has shown variability, indicating the importance of monitoring and managing payables effectively to maintain financial health and liquidity.