Enersys (ENS)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.22 | 7.03 | 7.57 | 6.63 | 6.91 | |
| Number of days of payables | days | 58.64 | 51.89 | 48.19 | 55.03 | 52.80 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.22
= 58.64
The number of days of payables for Enersys has fluctuated over the past five years. As of March 31, 2021, the company took an average of 52.80 days to pay its suppliers. This increased slightly to 55.03 days by March 31, 2022, indicating a potential slowdown in payment processing. However, by March 31, 2023, the number of days decreased to 48.19, suggesting the company may have implemented more efficient payment practices.
There was a small increase in the number of days of payables to 51.89 days by March 31, 2024, potentially reflecting changes in supplier payment terms or operational dynamics. The latest data point as of March 31, 2025, shows the highest number of days of payables at 58.64 days, indicating a potential delay in settling outstanding debts with suppliers.
Overall, fluctuations in the number of days of payables can provide insight into Enersys' liquidity management, supplier relationships, and operational efficiency in managing working capital. It is essential to monitor this ratio as it can impact cash flow and relationships with suppliers.
Peer comparison
Mar 31, 2025