Embecta Corp (EMBC)

Based on the data provided, Embecta Corp's number of days of payables has shown some fluctuations over the past few quarters. The number of days of payables indicates the average number of days it takes for the company to pay its suppliers for the goods and services received.

In the most recent quarter, as of December 31, 2023, Embecta Corp's number of days of payables was 48.66 days. This suggests that the company takes approximately 48.66 days on average to settle its payables to suppliers. A lower number of days of payables can indicate efficient management of working capital and strong supplier relationships.

On the other hand, in the previous quarter (September 30, 2023), the number of days of payables was 63.80 days, showing a slight increase compared to the latest quarter. This indicates that the company took slightly longer to pay its suppliers during that period.

Looking further back, we observe significant fluctuations in the number of days of payables over the past year. For instance, in June 30, 2023, the number of days of payables increased substantially to 128.18 days, suggesting a delay in settling payables compared to previous periods. Similarly, in March 31, 2023, and December 31, 2022, the number of days of payables were relatively high at 134.97 days and 121.59 days, respectively.

Overall, the analysis of Embecta Corp's number of days of payables indicates varying payment patterns towards suppliers. It's important for the company to carefully manage its payables to maintain healthy working capital levels and positive relationships with suppliers.

Peer comparison

Dec 31, 2023