Energizer Holdings Inc (ENR)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.73 | 6.57 | 9.22 | 5.45 | 6.01 | |
| Number of days of payables | days | 63.74 | 55.56 | 39.59 | 66.92 | 60.69 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.73
= 63.74
The number of days of payables for Energizer Holdings Inc has fluctuated over the past five years. In September 2024, the number of days of payables increased to 63.74 days, indicating that the company took longer to pay its suppliers. This is a significant increase compared to the 55.56 days in September 2023 and 60.69 days in September 2020.
On the other hand, in September 2022, the number of days of payables decreased to 39.59 days, suggesting that the company was able to manage its payables efficiently and pay its suppliers quicker. This was a notable improvement from the 66.92 days in September 2021.
Overall, the trend in the number of days of payables for Energizer Holdings Inc shows some variability, with periods of both improvement and deterioration in managing its payables effectively. It is important for the company to closely monitor this ratio to ensure it is maintaining a balance between managing cash flow and maintaining positive relationships with its suppliers.
Peer comparison
Sep 30, 2024